![Investors may lose crypto if company goes bankrupt: Coinbase](https://images.assettype.com/fortuneindia%2F2022-01%2F74ebf9c7-fad7-4e63-88ba-06f72410de4b%2Fcrypto.jpg?rect=0,0,3900,1950&w=300&q=95)
Investors may lose crypto if company goes bankrupt: Coinbase
Unlike the stock market where stocks are held in a demat with a depository and have no broker risk, crypto with exchanges carry a risk, cautions Nithin Kamath
Unlike the stock market where stocks are held in a demat with a depository and have no broker risk, crypto with exchanges carry a risk, cautions Nithin Kamath
Brian Armstrong, CEO of the U.S.-based Nasdaq-listed crypto exchange, says this could be a violation of the Supreme Court ruling, which had reserved the RBI ban on crypto in 2020.
Coinbase closed UPI payments for Indian users, three days after launching the service following a comment by NPCI on the matter.