Coinbase Secures FIU Approval to Offer Crypto Trading in India Later This Year After 2023 Suspension

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Updated Mar 13, 2025, 11:34 AM

Coinbase has secured registration with India's Financial Intelligence Unit (FIU), allowing the cryptocurrency exchange to offer crypto trading services in the country later this year. This move marks Coinbase's return to India after suspending its services in 2023. The approval is seen as a significant step in Coinbase's international expansion strategy and is expected to enhance regulatory clarity and increase adoption of cryptocurrency in one of the world's largest untapped markets. The company is also looking to hire a Policy Manager in India as part of its re-entry efforts. Experts believe that Coinbase's presence will contribute to the growth of the domestic crypto market, which has seen a rise in blockchain developers from 3% to 12% over the past five years.

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🚨 Big news out of India! Coinbase is officially approved by India’s FIU to offer crypto trading. India’s crypto scene is booming—blockchain devs up from 3% to 12% in just five years. Now, with Coinbase in the mix, things are about to accelerate. This isn’t just about…