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Coinbase Pins Hopes on India for Crypto Growth

Guavy AI Editorial Team
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Coinbase is making India its top international growth market for the next 18-24 months, despite high crypto taxes and regulatory uncertainty.

The US-based cryptocurrency exchange had halted services in India in 2023 but resumed trading last year after registering with the Financial Intelligence Unit (FIU) and bringing operations onshore.

Coinbase' s APAC MD John O'Loghlen said that the company has built a new platform for India that complies with Indian taxation, FIU, and other legal requirements.

The company is expanding its workforce in India, which has crossed 500 employees across local and global product and technology operations.

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