Coinbase reportedly plans to return to the Indian market this year. The company is said to have already contacted India’s regulators, such as the Financial Intelligence Unit. Coinbase entered the Indian market in 2022 before suspending its operations three days later.

Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world's most populous nation. The American Coinbase is working on its re-entry to India more than a year after it ceased operations in the country.

Coinbase's interest in re-entering India comes in line with its broader international expansion strategy, CFO Alesia Haas said at a recent Goldman Sachs conference. Although India is a critical market for US tech firms, the cryptocurrency sector in the country is still relatively small.

Coinbase, one of the largest cryptocurrency exchanges in the US, is making strategic moves to re-enter India after more than a year of regulatory hurdles, as per a TechCrunch report. The company, which previously halted its operations in the country,

(Reuters) -Coinbase is working on re-entering the Indian market after ceasing operations over a year ago, TechCrunch reported on Thursday, citing people familiar with the matter. Coinbase is engaging with Indian authorities,

Coinbase is working on re-entering the Indian market after ceasing operations over a year ago, and is engaging with Indian authorities to secure necessary approvals, TechCrunch reported on Thursday, citing people familiar with the matter.