Coinbase resumes user registrations in India, plans fiat on-ramp by 2026
Crypto Briefing
Coinbase has resumed user registrations in India, currently offering crypto-to-crypto trading, with fiat on-ramps planned by 2026.Summary
Coinbase has reopened user registration in India, allowing crypto-to-crypto trading, following a previous withdrawal earlier in 2023 due to regulatory hurdles. The company's APAC director, John O’Loghlen, confirmed plans to enable fiat on-ramps for Indian users by 2026. This re-entry effort follows Coinbase's engagement with India's Financial Intelligence Unit (FIU-IND) earlier this year. Furthermore, Coinbase invested in the leading Indian exchange CoinDCX in October. This move signals intensifying competition among global exchanges in the Indian market, especially since Binance has already been reinstated.
(Source：Crypto Briefing)