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Coinbase Keeps Indian Rupee Withdrawals Unavailable in India

The exchange’s latest incident update was dated Nov. 9 and said INR deposits, UPI and bank-account linking were working normally at that time.

An unlit ATM screen inside an empty bank vestibule / TokenPost.ai
An unlit ATM screen inside an empty bank vestibule / TokenPost.ai

Coinbase continued to list Indian rupee (INR) withdrawals as unavailable in India on Nov. 14. The exchange attributed the disruption to an outage at a banking partner.

Coinbase first posted the incident at 6:07 a.m. ET Nov. 9 (11:07 UTC). An update at 10:49 p.m. ET that day (03:49 UTC Nov. 10) warned that withdrawals could fail or remain pending and advised customers not to start new requests.

In that Nov. 9 update, Coinbase said INR deposits, UPI and bank-account linking were working normally. The incident remained listed on Nov. 14, but the latest update was dated Nov. 9. Coinbase did not name the banking partner or give an estimate for when withdrawals would resume. The exchange told customers, “Your funds are safe.”

Coinbase announced direct INR deposits and withdrawals through India’s Immediate Payment Service (IMPS) on May 31, 2026. Its India payment options are covered in earlier coverage of Coinbase’s India payment options.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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