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Home / Business and Economy / Coinbase Returns to India After 2-Year Hiatus

Coinbase Returns to India After 2-Year Hiatus

7 Dec

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Summary

  • Coinbase relaunched its app in India after a two-year break.
  • A fiat on-ramp is planned for 2026, allowing direct crypto purchases.
  • Strict Indian crypto taxes and regulations pose ongoing challenges.
Coinbase Returns to India After 2-Year Hiatus

Cryptocurrency exchange Coinbase has resumed operations in India, marking its return after a hiatus of over two years. While users can currently engage in crypto-to-crypto trades, the company announced plans to launch a fiat on-ramp in 2026, enabling users to directly purchase cryptocurrencies with local currency. This strategic move signifies Coinbase's renewed commitment to the Indian market.

Coinbase's initial foray into India in 2022 was short-lived, encountering immediate hurdles with the Unified Payments Interface (UPI) and subsequently ceasing all operations in 2023. The company has since been working closely with India's Financial Intelligence Unit (FIU) and has now successfully registered with the government agency.

Despite India's stringent cryptocurrency regulations, including a 30% tax on crypto income and a 1% transaction charge, Coinbase remains optimistic. The company aims to establish itself as a trusted exchange, focusing on user experience and security to attract India's vast online population.

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Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Coinbase reopened its app for registration in India in late 2025, after a pause of more than two years.
Coinbase plans to launch a fiat on-ramp in 2026, which will allow users in India to buy crypto using Indian Rupees.
India imposes a 30% tax on crypto income without loss offset and a 1% deduction on each transaction.

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