{"id":2309,"date":"2025-03-12T10:34:48","date_gmt":"2025-03-12T10:34:48","guid":{"rendered":"https:\/\/europe.fintechnews.media\/?p=2309"},"modified":"2025-03-12T10:34:48","modified_gmt":"2025-03-12T10:34:48","slug":"coinbase-a-digital-currency-wallet-and-platform-set-to-launch-in-india","status":"publish","type":"post","link":"https:\/\/europe.fintechnews.media\/?p=2309","title":{"rendered":"Coinbase, a Digital Currency Wallet and Platform set to Launch in India"},"content":{"rendered":"<p data-pm-slice=\"1 1 []\"><a href=\"https:\/\/www.coinbase.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Coinbase<\/a>\u00a0has officially registered with India\u2019s Financial Intelligence Unit (FIU), allowing the global cryptocurrency exchange to offer crypto trading services in the country. This milestone is a key part of Coinbase\u2019s international expansion strategy and reflects its commitment to compliance and responsible innovation.<\/p>\n<p>The company plans to launch its initial retail services later this year, followed by additional investment and product offerings in India.<\/p>\n<p>\u201cWe\u2019re committed to building in markets that believe in the potential of crypto and onchain innovation,\u201d said John O\u2019Loghlen, Regional Managing Director for APAC at Coinbase. \u201cIndia represents one of the most exciting market opportunities in the world today, and we\u2019re proud to deepen our investment here in full compliance with local regulations.\u201d<\/p>\n<h2><strong>Why India?<\/strong><\/h2>\n<p>India\u2019s rapid emergence as a global technology hub and its thriving\u00a0<a href=\"https:\/\/fintechnews.media\/dubai-ai-campus-and-google-cloud-announce-collaboration\/\" target=\"_blank\" rel=\"nofollow noopener\">startup ecosystem<\/a>\u00a0make it a strategic focus for Coinbase. The country\u2019s share of global onchain developers has surged from 3% in 2018 to 12% in 2023, making it the leading emerging market for onchain talent.<\/p>\n<p>\u201cIndia\u2019s developer community and entrepreneurial energy are unmatched,\u201d O\u2019Loghlen added. \u201cToo often, young Indian entrepreneurs have felt forced to look abroad to build global companies. Crypto can change that. By\u00a0<a href=\"https:\/\/fintechnews.media\/uae-based-e-commerce-platform-powder-beauty-secures-pre-series-a-funding\/\" target=\"_blank\" rel=\"nofollow noopener\">expanding access to our trusted platform<\/a>\u00a0and tools such as Base, we aim to empower a new generation of builders to stay home, innovate locally, and scale globally.\u201d<\/p>\n<p>Coinbase emphasizes that crypto is more than just financial infrastructure\u2014it represents a transformative force for social and economic policy. By fostering local innovation, the company aims to support Indian entrepreneurs in developing world-leading products from India for global markets.<\/p>\n<h2><strong>Strengthening U.S.-India Ties<\/strong><\/h2>\n<p>Further reinforcing its commitment to the region, Paul Grewal, Coinbase\u2019s Chief Legal Officer, was recently appointed to the Board of the U.S.-India Business Council (USIBC). The USIBC plays a crucial role in strengthening commercial relationships between the United States and India. Coinbase intends to be an active participant in advancing this dialogue.<\/p>\n<h2><strong>Commitment to Compliance and Responsible Innovation<\/strong><\/h2>\n<p>Coinbase remains dedicated to working collaboratively with regulators worldwide. The FIU registration in India is a critical step in the company\u2019s international growth, ensuring that its services align with local regulations while prioritizing customer protection and responsible innovation.<\/p>\n<p>\u201cThe FIU registration in India underscores our commitment to bringing the benefits of\u00a0<a href=\"https:\/\/fintechnews.media\/dubais-emirates-nbd-launches-crypto-trading-for-liv-users\/\" target=\"_blank\" rel=\"nofollow noopener\">crypto to users<\/a>\u00a0around the world in a safe and compliant manner,\u201d the company stated.<\/p>\n<p>With this regulatory milestone achieved, Coinbase looks forward to expanding its presence in India and supporting the country\u2019s growing role as a global leader in onchain innovation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase&nbsp;has officially registered with India&rsquo;s Financial Intelligence Unit (FIU), allowing the global cryptocurrency exchange to offer crypto trading services in the country. This milestone is a key part of Coinbase&rsquo;s international expansion strategy and reflects its commitment to compliance and responsible innovation. The company plans to launch its initial retail services later this year, followed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2310,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1910],"tags":[],"class_list":["post-2309","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Coinbase, a Digital Currency Wallet and Platform set to Launch in India - Fintech News Europe<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/europe.fintechnews.media\/?p=2309\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coinbase, a Digital Currency Wallet and Platform set to Launch in India - Fintech News Europe\" \/>\n<meta property=\"og:description\" content=\"Coinbase&nbsp;has officially registered with India&rsquo;s Financial Intelligence Unit (FIU), allowing the global cryptocurrency exchange to offer crypto trading services in the country. This milestone is a key part of Coinbase&rsquo;s international expansion strategy and reflects its commitment to compliance and responsible innovation. 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