Coinbase obtains Indian regulatory registration and plans to return to the market and restart trading services

Odaily News According to CoinDesk, Coinbase, the largest cryptocurrency exchange in the United States, has successfully registered with India’s Financial Intelligence Unit (FIU), paving the way for its return to the Indian market.
Coinbase plans to relaunch its retail trading services later this year and further expand its investment products. Previously, due to regulatory pressure from the Reserve Bank of India (RBI), Coinbase suspended its operations in India in 2022. This re-entry into the market may indicate that India's regulatory stance on digital assets has been relaxed, in line with global regulatory trends.
(CoinDesk)