The exchange’s return to India also includes a local license, signaling a renewed push into a market where payment access and regulatory compliance are critical.
Coinbase Chief Executive Officer says the exchange will relaunch in India on Monday after securing UPI access and a local license. The move points to a fresh attempt to operate in one of crypto’s largest potential user markets, where access to local payments infrastructure and regulatory permissions are key to onboarding customers and supporting trading activity. UPI (India’s instant payments network) is widely used for retail transfers, making it an important channel for exchange deposits and withdrawals.