Coinbase crypto exchange is ready to start its crypto trading services in the Indian crypto market.
Summary
- Coinbase secured registration with FIU in India.
- Soon Coinbase will relaunch services in India.
- Coinbase leadership is highly optimistic about the dynamic of the Indian Crypto market.
Coinbase is a top-ranked crypto exchange, mainly known for its highly regulated crypto trading services for retail as well as institutional investors.
On 11 March 2025, Coinbase crypto exchange informed the crypto community that the company secured regulatory approval to restart crypto trading services in the jurisdiction of India.
Coinbase’s announcement noted that the company is highly optimistic about the Indian crypto market’s current dynamics. With the registration with the Indian FIU unit, Coinbase confirmed that it is ready to provide crypto companies under compliance with AML measures, to prohibit the misuse of cryptocurrencies.
It is worth noting that last month already many people have started speculations around Coinbase’s comeback in India, as many crypto companies registered with the Indian FIU body & restarted services.
As per a record, nearly 28 crypto companies are registered with the Indian FIU unit. Notably, the majority of global crypto exchanges, including Binance, secured registration with this body in the last couple of months.
Coinbase & Services Shutdown
Coinbase was one of the promising crypto trading & custody platforms for Indian crypto traders before 2023, but on 25 Sep 2025, the exchange suspended its services, citing ongoing regulatory challenges and a need to ensure compliance with evolving standards.
Between 2021 and 2023, the situation for the crypto companies to run their crypto business was not good enough, as many big problems started one by one as a part of the changing regulatory landscape around Cryptocurrencies.
For example, in 2022, many crypto exchanges were using RBI’s instant UPI payment services, but the use of UPI payment in crypto-related business activities was prohibited.
Coinbase Crypto exchange was seeking legal approval for the use of UPI payment but failed when Coinbase executives showed opposition against such partiality; then, the availability of UPI payment service was removed from the majority of the exchange, obviously as a part of regulatory pressure about which no Crypto entrepreneur talked about publicly.
Coinbase vs SEC
In 2023, the US Securities regulatory body sued Coinbase exchange for offering crypto trading services. The SEC body alleged that Crypto assets trading on the Coinbase platform were unregistered security tokens & Coinbase violated several securities laws by offering unregistered securities offerings.
As we know, the current environment for crypto space in the jurisdiction of the United States of America (USA) has been changed, thanks to the ProCrypto leadership of Donald Trump.
Under the leadership of new chairman Mark Uyeda, the SEC body dropped its case against Coinbase.
Read also: SEC Acting Chairman Says Digital Assets Regulation Push a ‘Mistake’
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