Mar 21, 202514116 Views
Mar 21, 2025
according to Bloomberg, major cryptocurrency players are returning to India, betting that regulators may relax restrictions on digital asset trading. US exchange Coinbase Global Inc. recently registered with the Financial Intelligence Unit (FIU) in India as part of launching its retail trading platform and increasing investment plans in the country. This move comes after competitors Binance, Bybit, and KuCoin registered locally, highlighting renewed focus on the Indian market. The country had originally hoped to release a consultation paper on cryptocurrency regulation after assuming the G20 presidency in 2023, but this has not yet materialized. With changes in the global policy landscape - led by the pro-crypto agenda of former US President Trump - India is reassessing this issue.
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