CosmicTaco
CosmicTaco

Coinbase Plans Comeback in Indian Crypto Market

  • Coinbase is preparing to re-enter the Indian cryptocurrency market, engaging with Indian regulators, including the FIU under the finance ministry.
  • This move follows Coinbase CLO Paul Grewal joining the USIBC board of directors, signaling a renewed focus on the region.
  • Coinbase had previously ceased operations in India in September 2023 due to regulatory challenges with its UPI services.

Source: Reuters

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