Coinbase Resumes Operations in India with FIU Approval
- Coinbase has received approval from India’s Financial Intelligence Unit to resume operations.
- The exchange halted activities in early 2023 due to regulatory issues.
- Plans include introducing retail trading services and investment products for Indian customers later this year.
- John O’Loghlen, Regional Managing Director for Asia-Pacific, emphasized empowering local entrepreneurs through Coinbase’s platform.
- India is described as a global technology powerhouse with a vibrant startup ecosystem.
Coinbase has been granted permission to operate in India, allowing it to re-enter one of the fastest-growing digital asset markets after pausing earlier this year due to regulatory challenges.
Source (2.6)https://dailyhodl.com/2025/03/11/coinbase-gets-green-light-to-operate-in-india-after-receiving-approval-from-regulators/?rand=59076
