Cryptocurrency exchanges are making a strategic return to India, anticipating a potential easing of regulations surrounding digital-asset trading.
Coinbase Global Inc., a U.S.-based exchange, recently registered with India’s Financial Intelligence Unit (FIU). This move is part of the company’s strategy to launch its retail trading platform and increase investments within the country. This follows similar registrations by competitors such as Binance, Bybit, and KuCoin, signaling a renewed interest in the Indian market.

The Hauz Khas village in New Delhi, India.