Coinbase Returns to India Amid Crypto Boom, Sparking Excitement and Caution
Cryptocurrency giant Coinbase has made a comeback to India, launching an early access program after a three-year absence. The move comes as India's crypto market continues to grow, with over 100 million users and a transaction volume of $2.36 trillion in the Asia-Pacific region in 2025.
Coinbase's return has sparked both excitement and caution among Indian users. Traders welcome the chance to use Coinbase's trusted platform and tools like Base. However, concerns persist about unresolved suspended accounts from Coinbase's previous exit and potential high fees in India's volatile regulatory landscape.
Coinbase's re-entry follows its registration with the Securities and Exchange Board of India (SEBI) in March 2025, aligning with the country's anti-money laundering regulations. This move coincides with the Indian government's crackdown on unregistered exchanges, with 25 such platforms having their assets frozen, totaling $9 billion.
Coinbase's return to India marks a significant development in the country's crypto market. With over 100 million users and a massive transaction volume, India presents a substantial opportunity for Coinbase. However, the company must address user concerns and navigate India's evolving regulatory landscape to succeed in this competitive market.
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