Coinbase is moving closer to relaunching its services in India after securing a license with the Financial Intelligence Unit (FIU).
On March 11, the crypto exchange announced on social media, “We’re approved to launch in India,” with support from Coinbase’s Chief Legal Officer, Paul Grewal.
“With FIU registration, Coinbase is taking a significant step in empowering Indian entrepreneurs to build, innovate, and scale global on-chain businesses right from home,” stated Grewal.
A Coinbase blog post confirmed plans to offer cryptocurrency trading services in India without providing a specific timeline.
John O’Loghlen, Coinbase’s APAC regional managing director, noted that beyond crypto traders, India’s developer community could also benefit from Coinbase’s offerings, including its Base network.
