Coinbase received its approval about two years after it left the market due to regulatory issues, and amid encouraging signs in the country.

U.S.-headquartered cryptocurrency exchange Coinbase Global has registered with India's Financial Intelligence Unit (FIU), allowing it to offer crypto trading services in the country, the company said on Tuesday.

Coinbase Global, a cryptocurrency exchange with its headquarters in the United States, announced on Tuesday that it has registered with the Financial Intelligence Unit (FIU) of India, enabling it to provide cryptocurrency trading services in the nation.

Coinbase is set to re-enter India and has registered with the Financial Intelligence Unit to offer trading services, according to a release issued by the global cryptocurrency exchange on Tuesday. This marks the company’s second attempt in India after it exited in 2023 due to regulatory challenges.

Coinbase - a leading US-based cryptocurrency exchange - has registered with India's Financial Intelligence Unit (FIU), enabling it to legally

Coinbase is set to re-enter India after securing FIU registration, marking a major step in its compliance with local regulations.

Investing.com -- Coinbase Global (NASDAQ: COIN ), a cryptocurrency exchange based in the U.S., has officially registered with India’s Financial Intelligence Unit (FIU), which will permit the company to provide cryptocurrency trading services in India, as announced by the company on Tuesday.

Coinbase Global Inc. has registered with India’s Financial Intelligence Unit (FIU), allowing the cryptocurrency exchange to offer trading services in the country.

Coinbase, a leading global cryptocurrency exchange, has officially registered with India’s Financial Intelligence Unit (FIU), a move that will enable the company to offer crypto trading services in the country.