Coinbase Charts a Return to the Indian Market Amid Stock Volatility

Coinbase is preparing to re-enter the Indian market, marking a strategic reversal two years after regulatory pressures forced its withdrawal. This expansion push comes as the company’s shares face headwinds from Bitcoin’s recent price correction, setting the stage for crucial investor meetings led by Chief Financial Officer Alesia Haas.

The cryptocurrency exchange has completed its registration with India’s Financial Intelligence Unit (FIU), clearing a major regulatory hurdle for its comeback. During the India Blockchain Week, John O’Loghlen, APAC Director at Coinbase, announced that crypto-to-crypto trading services are now live for Indian users. The platform aims to reintroduce fiat currency deposit capabilities by 2026.

This Read more...