Coinbase plans Indian comeback amid regulatory engagements, TechCrunch reports


FILE PHOTO: Smartphone with displayed Coinbase logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

(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, including the Financial Intelligence Unit (FIU), to secure necessary approvals for its re-entry into the market, according to the report.

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