Overview
- New registrations are live again after more than two years, following an October early-access program that preceded a broader rollout this month.
- Trading currently supports crypto-to-crypto pairs only, with a fiat on-ramp for rupee deposits planned for 2026, according to APAC director John O’Loghlen.
- Coinbase secured registration with India’s Financial Intelligence Unit earlier this year as part of a compliance-first return to the market.
- Coinbase Ventures increased its investment in CoinDCX at a $2.45 billion valuation, and the company plans to expand its 500-plus India workforce.
- India’s 30% tax on crypto gains and 1% tax deducted at source continue to depress volumes, while rivals such as Binance and Bybit have already resumed Indian access.