Coinbase has announced the resumption of user signups in India following a two-year suspension of services in the country. The cryptocurrency exchange had halted operations entirely in 2023, offboarding millions of Indian users and closing local access while reassessing its regulatory exposure in the rapidly evolving Indian crypto landscape. The company now plans a staggered relaunch approach and is actively hiring for various positions to support its renewed presence in the Indian market. According to company statements, Coinbase is targeting the implementation of fiat on-ramp services by 2026, which would allow Indian users to directly purchase cryptocurrencies using local currency. This development comes amid increasing regulatory clarity in India regarding digital assets, though the country's tax policies on crypto transactions remain relatively stringent. Industry experts view Coinbase's return as a significant vote of confidence in India's potential as a major cryptocurrency market, given its large tech-savvy population and growing interest in digital assets. The exchange's re-entry could potentially accelerate mainstream adoption of cryptocurrencies in India while providing users with access to a globally recognized trading platform.

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