Coinbase eyes re-entry to India

Coinbase is in the process of re-entering the Indian market after ceasing operations in 2022, engaging with Indian authorities including the Financial Intelligence Unit (FIU). Binance had resumed operations in India last August after registering with the FIU, setting a precedent for foreign crypto exchanges. Coinbase’s previous attempt to launch services in India was halted by informal pressure from the Reserve Bank of India, and the timing of its potential relaunch depends on securing necessary approvals, including an FIU license.

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