In April 2022, Coinbase’s initial push into India hit an immediate wall when local payment-access rails collapsed just days after launch, forcing a swift suspension of retail trading. Today, the global crypto giant is executing a carefully orchestrated comeback, this time with a completely overhauled playbook.
Operating under a fresh local entity fully registered with India's Financial Intelligence Unit (FIU-IND) and compliant with local tax frameworks, Coinbase has achieved a major competitive breakthrough: a custom-built, bespoke Indian Rupee (INR) on-ramp and off-ramp.
