April 7, 2022

Coinbase CEO Brian Investing $150 Million In India

The world’s 2nd largest exchange by trading volume, Coinbase, is starting a crypto trading service in India. The app will be active in India.

Coinbase has invested around 

 $150 million 

in web3 startups in India.

Last week, the co-founder and CEO of Coinbase, Brian Armstrong, kept tweeting about India since last week and "a long-term investment" last week.

The Indian govt. has already confirmed and introduced a new law of 30% tax and 1% TDS. However, the discussion is still going on about whether to lower the tax or raise it.

Brian strongly believes that Indians have shown an interest in cryptocurrency irrespective of the situation.

We must have a UPI (Unified Payments Interface) payment method in order to be onboard with Coinbase.

Coinbase is open to hiring 1,000 people in India. You can apply too!