LockMeta
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
Twitter Telegram
LockMeta
Twitter Telegram
Google News
  • Latest News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
LockMeta
Policy News

Indian crypto advocacy body BACC calls on NPCI to restore crypto exchange UPI services

June 18, 2022
Share Facebook Twitter Telegram WhatsApp Pinterest LinkedIn Tumblr Email Reddit VKontakte

India’s crypto advocacy body Blockchain and Crypto Assets Council (BACC) has written to the National Payments Corporation of India (NPCI), calling on it to restore Unified Payments Interface (UPI) services to Indian crypto exchanges.

The BACC proposed that it hold a meeting with the interbank retail payments and settlement agency to discuss and understand its concerns about cryptocurrency trading.

In the letter, the BACC told NPCI that some crypto exchanges strictly abide by user KYC and other NPCI protocols, and asked them to restore UPI services for such businesses.

It is reported that BACC is a non-profit advocacy organization under the Internet and Mobile Association of India (IAMAI), and its members include local cryptocurrency exchanges CoinSwitch Kuber, CoinDCX, WazirX, etc.

Previous ArticleAmsterdam plans to launch digital currency within next four years
Next Article The lead singer of rock band KISS: Not selling any crypto assets, full of confidence in the future

Related News

January 25, 2023

Arizona Lawmaker Wants Crypto to Be Tax-Exempt Property

November 18, 2022

Bitstamp’s Spanish Subsidiary Receives Approval from Local Regulators and Completes Registration with the Central Bank

November 11, 2022

Indian Enforcement Agency Freezes 150.22 BTC Related to E-nuggets Case Again

October 28, 2022

OKX Blockdream Ventures joins the Busan Blockchain VC Alliance to promote the development of the Korean blockchain industry

September 19, 2022

Australian senators draft new bill on stablecoins, digital yuan regulation

August 24, 2022

Founder of BitMEX: As the mid-term elections are approaching, the Fed may use methods other than RRR cuts to release liquidity

August 16, 2022

Canadian regulator allows Crypto.com to operate locally pre-registered

August 15, 2022

Dubai establishes digital asset business group to focus on strengthening the digital asset industry

The Latest
Bitcoin News February 2, 2023
In January, Bitcoin and Ethereum options and futures trading indicators generally rose, and BTC option positions increased by 116.5%
NFT News February 2, 2023
NFT project Cool Cats launches “Cool Score” scoring and reward system
Business News February 2, 2023
Survey: 82% of High Net Worth Individuals Inquire About Adding Crypto to Portfolio
NFT News February 2, 2023
Transaction volume on OpenSea Polygon surpasses that of Ethereum for the second month in a row
Bitcoin News February 2, 2023
More than 70% of Wall Street traders plan not to touch cryptocurrencies this year

LockMeta provides the latest crypto news flash including Bitcoin, Ethereum, Altcoins, NFTs, Metaverse, Business and Policy. Get today's latest crypto news in a minute.

Twitter Telegram
  • News
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFTs
  • Metaverse
  • Business
  • Markets
  • Policy
  • Press Release
  • About Us
  • Contact Us
  • Advertise
  • Terms of Service
  • Privacy Policy
© 2023 LockMeta.

Type above and press Enter to search. Press Esc to cancel.