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Coinbase News: Exchange Returns to India After Two Years. Here's What to Expect

Coinbase resumed crypto-to-crypto trading in India after a two-year pause and plans to launch fiat on-ramp in 2026, aiming to grow despite a 30% crypto tax.

  • After a more than two-year pause, Coinbase reopened its app for registrations in India, restoring direct access for Indian users following its earlier exit.
  • After initial setbacks in 2022, Coinbase had to shut Unified Payments Interface support when the National Payments Corporation of India refused to acknowledge it, leading to a 2023 exit and off-boarding millions of Indian customers.
  • By registering with the FIU this year, Coinbase engaged with India's Financial Intelligence Unit and ran early-access onboarding while planning to build a 500 plus team.
  • Coinbase plans a 2026 fiat on‑ramp, which will let users load money and buy crypto, while Coinbase Ventures invested in CoinDCX at a $2.45 billion valuation.
  • Industry comparisons show that strict rules and a 30% crypto tax plus 1% deduction could limit Coinbase's growth, and executives hope the government relaxes these regulations.
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Coinbase starts onboarding users again in India, plans for fiat on-ramp next year

Coinbase is exploring expansion into India with a staggered relaunch and hiring for different roles.

·United States
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TechCrunch broke the news in United States on Sunday, December 7, 2025.
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