Coinbase India, March 11 -- US-based cryptocurrency exchange Coinbase announced on Tuesday, March 11, that the company has registered with the Financial Intelligence Unit (FIU) to launch its business in India, according to a social media post on the platform X.

"We're approved to launch in India," said Coinbase in its post on X.

According to the Coinbase blog, this move aligns with the company's expansion plans to increase its global presence. They also announced that the crypto exchange firm plans to launch its retail services in India later in 2025.

"We're committed to building in markets that believe in the potential of crypto and onchain innovation," John O'Loghlen, the Regional Managing Director for APAC at Coinbase, said in an of...