Coinbase has been approved by regulators from Indian authorities to clear the path to resume cryptocurrency trading services in the country with the highest cryptocurrency adoption since 2022.
Coinbase Back to India
according to Bloombergafter obtaining an application from the Financial Intelligence Unit of India (FIU), the leading U.S. crypto exchange Coinbase, has reached a major milestone in its plan to re-enter India. This approval allows Coinbase to offer cryptocurrency trading services in India, “one of the most exciting market opportunities in the world” – John O’Loghlen, Coinbase’s Apac Regional Managing Director. They intend to introduce their initial retail products later this year and plan to further expand through other investments and new products in the Indian market.
Source: Coinbase (X)
All attempts to enter the Indian market from Coinbase were interrupted by pressure from the Reserve Bank of India (RBI) two years ago. After the event, many debates were held around the strict regulations of the Indian government, but Domestic exchanges banned from operations, while most major diplomatic exchanges such as binary and Kukon are banned.
According to a 2024 study by Chainalysis, India has the highest cryptocurrency adoption worldwide, with millions of individual investors participating in the market. Coinbase’s return to India not only expands its reach in Asia, but also paves the way for legalizing crypto in highly promising markets.
About common cases
Common cases is a US-based cryptocurrency exchange founded in 2012 and provides a platform for purchasing, selling, storing and trading digital assets such as Bitcoin, Ethereum and stable USDC. Some of the important features of this exchange are the user-friendly interface, high liquidity and regulatory compliance, making it popular among retail and institutional investors. Coinbase operates the basic blockchain and supports advanced transaction features through Coinbase Pro. Coinbase is expanding to Defi, Payments and Stablecoin adoption, positioning itself as a bridge between traditional finance and cryptocurrencies, as seen in the Stablecoin growth narrative in 2025.
