According to TechCrunch, Coinbase has reopened app registrations in India after a more than two-year suspension of services. At present, the platform supports crypto-to-crypto trading, with a formal plan to introduce a fiat on-ramp for Indian users by 2026, disclosed by John O’Loghlen, Coinbase’s Asia-Pacific head, during India Blockchain Week.
Coinbase initially launched in India in 2022 but paused support for the UPI network just days later after the NPCI declined to acknowledge Coinbase’s local presence. The firm subsequently halted all services and instructed Indian customers to withdraw funds in 2023.
Market observers frame this move as part of Coinbase’s regional expansion strategy, with emphasis on regulatory compliance and ongoing engagement with India’s payments ecosystem. The announced fiat deposits timeline by 2026 could broaden access for both retail and institutional participants, anchored by risk controls and transparent disclosure.
Source: https://en.coinotag.com/breakingnews/coinbase-reopens-india-app-registrations-plans-fiat-deposits-for-cryptocurrencies-by-2026
