The post Coinbase Re-enters India with Crypto Trading, Plans 2026 Fiat On-Ramp Amid Regulatory Hurdles appeared on BitcoinEthereumNews.com. Coinbase has returned to India after a two-year hiatus, enabling crypto-to-crypto trading for users following FIU registration. A full fiat on-ramp for INR deposits is planned for 2026, navigating ongoing regulatory and tax hurdles in the market. Coinbase relaunches services in India with immediate crypto-to-crypto trading access for verified users. The platform’s re-entry follows successful compliance with Financial Intelligence Unit requirements earlier this year. Future expansion includes a 2026 fiat on-ramp, alongside investments in local exchanges like CoinDCX valued at $2.45 billion. Coinbase returns to India: Discover how the exchange overcomes tax and regulatory barriers for crypto trading revival. Explore implications for users and market growth—stay informed on this pivotal move. What Does Coinbase’s Return to India Mean for Crypto Users? Coinbase’s return to India marks a significant milestone for cryptocurrency adoption in the country, allowing immediate access to crypto-to-crypto trading after a two-year absence. The U.S.-based exchange completed necessary registrations with the Financial Intelligence Unit (FIU) earlier this year, enabling Indian users to resume activities on a compliant platform. This step addresses past regulatory challenges while paving the way for broader services, including a fiat on-ramp by 2026 to facilitate direct Indian Rupee deposits and purchases. How Is Coinbase Addressing India’s Regulatory and Tax Environment? India’s cryptocurrency landscape remains challenging due to stringent regulations, including a 30% tax on gains with no loss offsets and a 1% transaction deduction (TDS), which increases costs for frequent traders. Coinbase’s APAC director, John O’Loghlen, highlighted during India Blockchain Week that the company aims for a “clean slate” approach post-offboarding, expressing hope that future policy adjustments could ease these burdens and promote digital asset holding. According to reports from TechCrunch, this compliance-focused re-entry follows a 2022 launch that was quickly curtailed by issues with the National Payments Corporation of India (NPCI), leading to… The post Coinbase Re-enters India with Crypto Trading, Plans 2026 Fiat On-Ramp Amid Regulatory Hurdles appeared on BitcoinEthereumNews.com. Coinbase has returned to India after a two-year hiatus, enabling crypto-to-crypto trading for users following FIU registration. A full fiat on-ramp for INR deposits is planned for 2026, navigating ongoing regulatory and tax hurdles in the market. Coinbase relaunches services in India with immediate crypto-to-crypto trading access for verified users. The platform’s re-entry follows successful compliance with Financial Intelligence Unit requirements earlier this year. Future expansion includes a 2026 fiat on-ramp, alongside investments in local exchanges like CoinDCX valued at $2.45 billion. Coinbase returns to India: Discover how the exchange overcomes tax and regulatory barriers for crypto trading revival. Explore implications for users and market growth—stay informed on this pivotal move. What Does Coinbase’s Return to India Mean for Crypto Users? Coinbase’s return to India marks a significant milestone for cryptocurrency adoption in the country, allowing immediate access to crypto-to-crypto trading after a two-year absence. The U.S.-based exchange completed necessary registrations with the Financial Intelligence Unit (FIU) earlier this year, enabling Indian users to resume activities on a compliant platform. This step addresses past regulatory challenges while paving the way for broader services, including a fiat on-ramp by 2026 to facilitate direct Indian Rupee deposits and purchases. How Is Coinbase Addressing India’s Regulatory and Tax Environment? India’s cryptocurrency landscape remains challenging due to stringent regulations, including a 30% tax on gains with no loss offsets and a 1% transaction deduction (TDS), which increases costs for frequent traders. Coinbase’s APAC director, John O’Loghlen, highlighted during India Blockchain Week that the company aims for a “clean slate” approach post-offboarding, expressing hope that future policy adjustments could ease these burdens and promote digital asset holding. According to reports from TechCrunch, this compliance-focused re-entry follows a 2022 launch that was quickly curtailed by issues with the National Payments Corporation of India (NPCI), leading to…

Coinbase Re-enters India with Crypto Trading, Plans 2026 Fiat On-Ramp Amid Regulatory Hurdles

2025/12/08 17:20
  • Coinbase relaunches services in India with immediate crypto-to-crypto trading access for verified users.

  • The platform’s re-entry follows successful compliance with Financial Intelligence Unit requirements earlier this year.

  • Future expansion includes a 2026 fiat on-ramp, alongside investments in local exchanges like CoinDCX valued at $2.45 billion.

Coinbase returns to India: Discover how the exchange overcomes tax and regulatory barriers for crypto trading revival. Explore implications for users and market growth—stay informed on this pivotal move.

What Does Coinbase’s Return to India Mean for Crypto Users?

Coinbase’s return to India marks a significant milestone for cryptocurrency adoption in the country, allowing immediate access to crypto-to-crypto trading after a two-year absence. The U.S.-based exchange completed necessary registrations with the Financial Intelligence Unit (FIU) earlier this year, enabling Indian users to resume activities on a compliant platform. This step addresses past regulatory challenges while paving the way for broader services, including a fiat on-ramp by 2026 to facilitate direct Indian Rupee deposits and purchases.

How Is Coinbase Addressing India’s Regulatory and Tax Environment?

India’s cryptocurrency landscape remains challenging due to stringent regulations, including a 30% tax on gains with no loss offsets and a 1% transaction deduction (TDS), which increases costs for frequent traders. Coinbase’s APAC director, John O’Loghlen, highlighted during India Blockchain Week that the company aims for a “clean slate” approach post-offboarding, expressing hope that future policy adjustments could ease these burdens and promote digital asset holding. According to reports from TechCrunch, this compliance-focused re-entry follows a 2022 launch that was quickly curtailed by issues with the National Payments Corporation of India (NPCI), leading to a full exit in 2023. Despite slower adoption compared to sectors like AI and social media, Coinbase is optimistic about long-term potential, planning to expand its local team beyond 500 employees to enhance user experience and trust through seamless onboarding.

Coinbase returns to India after two years, reopening crypto trading and planning a 2026 fiat on-ramp amid regulatory and tax challenges.

Key Highlights

US-based cryptocurrency company Coinbase has reopened its doors to Indian users after more than two years. The U.S.-based exchange allows crypto-to-crypto trading immediately, while a full fiat on-ramp, enabling users to deposit money and buy cryptocurrencies directly, is set for 2026.

Speaking at the India Blockchain Week earlier this month, Coinbase’s APAC director John O’Loghlen said, “We had millions of customers in India, historically, and we took a very clear stance to off-board those customers entirely from overseas entities.” John confirmed the return, noting the previous full off-boarding was necessary for a “clean slate.”

As confirmed by a TechCrunch report, the company restarted operations after registering with the Financial Intelligence Unit (FIU) earlier this year, following a period of regulatory uncertainty and operational suspension.

Coinbase first entered India in 2022 but shut down UPI support within days after the National Payments Corporation (NPCI) refused to acknowledge its operations. By 2023, the exchange fully exited India, asking users to offload their accounts. The latest reopening comes after early access trials in October and full app registration for all Indian users.

Regulatory challenges and market context

Strict regulations and high taxation have long made India a difficult environment for crypto companies. The government imposes a 30% tax on crypto gains, does not allow any offset against losses, and levies 1% deduction per transaction (TDS).

This makes trading frequency very costly for the users. O’Loghlen remains optimistic, saying that Coinbase hopes the government will ease these tax burdens to encourage Indians to hold digital assets.

In addition to tax-related issues, crypto adoption has been slower compared to the rapid growth of social platforms and AI services in India. Still, Coinbase’s renewed focus signals confidence in longer-term growth.

The firm will expand a team of more than 500 employees to support local and global operations. “We’re not going to get out to the masses if you can’t have a really nice UI, a trusted experience that allows you to onboard in a matter of minutes,” O’Loghlen added.

Strategic investments and market expansion

Coinbase recently invested in local exchange CoinDCX, currently valued at $2.45 billion. It also approached the Competition Commission of India (CCI) to approve the purchase of a minority stake in DCX Global, the parent company of CoinDCX. Although no financial details emerged on the deal, the filing states that the investment wouldn’t hamper competition in India’s crypto marketplace.

Recently, in late November, Coinbase Ventures issued an investment outlook for 2026. It pinpointed some focus areas that include RWA-perps, speciality exchanges, decentralized finance (DeFi) infrastructure, and the intersection of crypto, AI, and robotics. For the company, innovation in the next few years would be built upon stablecoin infrastructures, cross-chain proof systems, and prediction markets in India.

Coinbase coming back shows that India’s crypto market still has potential, even with taxes and strict rules. By planning a way for people to deposit regular money and buy crypto, and by growing its team locally, Coinbase wants to make using crypto simpler and safer. This return could also show other international exchanges how to operate in India while following rules and keeping users’ trust.

Frequently Asked Questions

Why Did Coinbase Leave India Initially and What Changed for Its Return?

Coinbase initially entered India in 2022 but suspended operations shortly after due to regulatory hurdles, including NPCI’s non-recognition of UPI support, leading to a full exit in 2023. The return in 2025 stems from completed FIU registration, allowing compliant crypto-to-crypto trading while planning fiat integration by 2026 to meet evolving standards.

Can Indian Users Now Deposit Fiat and Buy Crypto on Coinbase?

Currently, Indian users on Coinbase can engage in crypto-to-crypto trading following verification. Direct fiat deposits via INR and purchases are scheduled for 2026, providing a seamless on-ramp once regulatory approvals are fully in place for broader accessibility.

Key Takeaways

  • Coinbase’s FIU Compliance: Secures immediate trading access, demonstrating adherence to India’s anti-money laundering framework after a two-year gap.
  • Tax and Regulatory Navigation: Despite 30% gains tax and 1% TDS, the exchange eyes policy relief to boost adoption and user retention.
  • Investment in Local Growth: Backing CoinDCX and expanding teams signals commitment to India’s crypto ecosystem, with 2026 fiat services as a key milestone.

Conclusion

Coinbase’s return to India represents a cautious yet optimistic step in the Coinbase India return narrative, balancing regulatory compliance with strategic expansions like the 2026 fiat on-ramp and investments in platforms such as CoinDCX. As the market grapples with high taxes and slower adoption, this move underscores the potential for growth in digital assets amid intersections with AI and DeFi. Users and investors should monitor policy developments for enhanced opportunities in this dynamic landscape.

Source: https://en.coinotag.com/coinbase-re-enters-india-with-crypto-trading-plans-2026-fiat-on-ramp-amid-regulatory-hurdles

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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