Coinbase has officially relaunched its services in India, marking a major return after its unsuccessful 2022 launch and subsequent exit in 2023. The exchange now offers direct INR deposits and withdrawals through IMPS, eliminating the need for peer-to-peer workarounds. Indian users gain access to a local INR order book, spot crypto trading, perpetual futures, and services operating under FIU-IND registration and India’s anti-money-laundering rules. Coinbase’s earlier launch faced challenges after payment support issues limited operations. The move comes as India remains the world’s leading crypto adoption market, with industry growth expected to accelerate over the coming decade.
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