Coinbase responds to "stop service in India": the relevant notice is only for customers who violate the exchange's standards, not all Indian customers

Odaily Planet Daily News According to TechCrunch on September 11, Coinbase reminded some customers in an email that the company plans to stop providing trading services to Indian users on September 25 and advised users to withdraw all funds in their accounts in a timely manner. However, it is understood that the notice was not targeted at all Indian customers, but rather those who violated the exchange's standards. A Coinbase spokesperson revealed the content of an email posted on September 8: “We are contacting you to inform you that we will be discontinuing all Coinbase retail services associated with your above account as we will be disabling the We update our standards for access to retail accounts. During a recent routine review of our systems, it may be discovered that some accounts no longer meet our updated standards. Therefore, we will disable these accounts and allow customers to update at a later date their information.” Meanwhile, Coinbase blocks Indian users from registering for its exchange, instead prompting them to download its wallet app, Coinbase Wallet. (Cointelegraph)