Coinbase has reopened access for Indian users after a two-year suspension tied to regulatory issues over payment channels. The relaunch enables crypto-to-crypto trading only, following a prior withdrawal in 2023 due to Unified Payments Interface complications. Asia-Pacific director John O’Loghlen emphasized a clean-slate approach, with registration obtained from the Financial Intelligence Unit and operations expanded beyond an early-access phase launched in October. Despite India’s heavy taxation on crypto gains and transaction levies, Coinbase is increasing investment in local exchange CoinDCX, valued at $2.45 billion, and plans to expand its workforce. Fiat services are targeted for rollout in 2026.