Just when you thought Coinbase had packed its bags and left India for good, it’s back-like a Bollywood hero in a climactic twist 🕺. After a two-year hiatus (and what a drama-filled hiatus it was!), the crypto exchange has dusted off its Indian passport and returned to the party. This time, it’s offering crypto-to-crypto trading, because, apparently, rupees are so 2022. But wait-there’s more! Coinbase plans to reintroduce fiat deposits directly in rupees by 2026. Yes, 2026. Because why rush when you can keep us all guessing? 🕰️
Rewind to 2022: Coinbase launched in India with fanfare, only to have UPI payments suspended faster than you can say “regulatory nightmare.” By 2023, it had exited the market altogether, leaving everyone wondering if it would ever return. Enter John O’Loghlen, Coinbase’s APAC Director, who made the grand announcement at India Blockchain Week. His mission? To ensure compliance with FIU-IND, because nothing says “innovation” like navigating bureaucratic hoops 📜.
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2025-12-08 10:06