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Sujit Kumar
Mar 13, 2025

Coinbase Returns to India with FIU Approval, Expanding Crypto Access

Coinbase Returns to India
Coinbase has successfully registered with India’s Financial Intelligence Unit (FIU), marking its official return to the Indian crypto market. This development is a major win for the exchange, as the FIU’s approval allows Coinbase to operate legally while adhering to strict anti-money laundering rules. The move not only restores access for Indian traders but also paves the way for increased retail participation in the digital asset space.

Market Opportunity and Competition

Previously forced to exit India in 2022 due to regulatory pressures, Coinbase’s comeback highlights the country's rising stature as a global on-chain development hub. “India represents one of the most exciting market opportunities in the world today,” stated John O’Loghlen, Coinbase Asia Pacific director. With regulatory bodies like the FIU now in favor of well-compliant exchanges, competition is set to intensify among platforms such as Binance, KuCoin, and CoinDCX.

Youthful Adoption and Economic Impact

India’s vibrant youth demographic, coupled with its record-high crypto adoption rate—recently confirmed by Chainalysis—positions the nation as a key market for digital assets. The renewed presence of Coinbase is expected to spur further investments, drive innovation, and enhance the ecosystem’s overall growth.

A New Era for Crypto in India

By re-entering the Indian market, Coinbase not only strengthens its global footprint in Asia but also sets a positive precedent for crypto legalization and consumer protection. With the FIU’s backing, Coinbase can now focus on delivering quality service and customer satisfaction, ultimately contributing to a more robust and transparent digital asset environment in one of the world’s most dynamic markets.

Coinbase Returns to India with FIU Approval, Expanding Crypto Access
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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