On December 8, according to TechCrunch, after more than two years of suspended service, crypto trading platform CEX has reopened app registrations in India. Currently, users can only conduct crypto-to-crypto transactions—but John O’Loghlen, CEX’s Head of Asia-Pacific, stated at India Blockchain Week (IBW) that the company plans to allow Indian users to deposit fiat to purchase cryptocurrencies by 2026. CEX initially launched services in India in 2022 but was forced to cease support for the UPI (Unified Payments Interface) network just days later. This move was prompted by the UPI operator—the National Payments Corporation of India (NPCI)—refusing to acknowledge CEX’s business presence in the country. Subsequently, in 2023, CEX stopped providing all services to Indian users and required users to close their accounts.
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Hidayat99
· 2h ago
Bismillah, moving forward with certainty to achieve a bright future. Ameen 💙🤲
CEX has reopened user registration in India
On December 8, according to TechCrunch, after more than two years of suspended service, crypto trading platform CEX has reopened app registrations in India. Currently, users can only conduct crypto-to-crypto transactions—but John O’Loghlen, CEX’s Head of Asia-Pacific, stated at India Blockchain Week (IBW) that the company plans to allow Indian users to deposit fiat to purchase cryptocurrencies by 2026. CEX initially launched services in India in 2022 but was forced to cease support for the UPI (Unified Payments Interface) network just days later. This move was prompted by the UPI operator—the National Payments Corporation of India (NPCI)—refusing to acknowledge CEX’s business presence in the country. Subsequently, in 2023, CEX stopped providing all services to Indian users and required users to close their accounts.