India’s financial intelligence agency has introduced stricter identity and transaction verification requirements for cryptocurrency exchanges to curb money laundering and terrorism financing.
India’s income tax department has echoed the Reserve Bank of India’s concerns on cryptocurrencies, citing enforcement gaps as policymakers prepare the 2026 Union Budget.
India’s competition regulator has approved Coinbase’s minority investment in CoinDCX, reinforcing the US exchange’s renewed focus on the Indian market.
Coinbase has reopened user onboarding in India after a two-year freeze, restoring crypto-to-crypto trading and planning a fiat on-ramp in 2026 as regulatory engagement improves.
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