Coinbase Reopens India Signups, Targets Fiat On-Ramp in 2026 After Two-Year Freeze

Coinbase has resumed onboarding new users and crypto-to-crypto trading in India, marking its return after abruptly exiting the market in 2023 due to regulatory friction over payment systems like UPI. APAC Director John O’Loghlen stated the exchange is taking a "clean slate" approach, having completed registration with the Financial Intelligence Unit (FIU) earlier this year. While trading is currently limited to crypto pairs, the company plans to reintroduce a fiat on-ramp in 2026. Despite India's challenging regulatory environment, including high taxes, Coinbase continues to invest, recently increasing its stake in local exchange CoinDCX and planning to expand its local workforce.

(Source：CoinDesk)