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#Coinbase Reopens India App After Two-Year Regulatory Break
Coinbase has resumed onboarding users in India after more than two years, returning to a market where regulatory barriers previously forced the U.S. exchange to scale back operations.
The exchange reopened its app to Indian users through an early-access program in October and has now made registrations fully available. Coinbase APAC Director John O'Loghlen announced at #IndiaBlockchainWeek that Indian customers can currently conduct only crypto-to-crypto trades.
A full fiat on-ramp is planned for 2026, allowing users to directly convert local currency into #cryptocurrency. The phased approach reflects Coinbase's strategy to rebuild presence while navigating India's regulatory environment.
Coinbase disabled support for the Unified Payments Interface in April 2022, just days after launching in the country. UPI is a real-time payment system developed by the National Payments Corporation of India facilitating inter-bank transactions through mobile phones. The exchange reportedly halted all services for local users in September 2023.
The company has been working to rebuild its Indian presence since the service suspension. Coinbase stepped up engagement with local regulators this year, registering with the Financial Intelligence Unit to comply with Anti-Money Laundering oversight requirements.
