Coinbase Registers in India to Pave Way for Crypto Trading Debut

Coinbase Global Inc. has registered with India’s Financial Intelligence Unit (FIU), allowing the cryptocurrency exchange to offer trading services in the country.

The US firm plans to roll out its retail trading platform in India later this year, with additional investment and product offerings to follow, according to a Tuesday statement.

This is Coinbase’s second attempt to expand into India. In 2022, the company had integrated with India’s Unified Payments Interface (UPI) to allow customers to purchase cryptocurrencies using rupees. But just three days into the launch, Coinbase disabled the service after the entity that runs UPI said it was ...