Market conditions continue to evolve for global crypto platforms. Crypto exchange Coinbase reportedly resumed onboarding in India after a multiyear halt, according to a report by Techcrunch on Dec. 7. The move signals renewed activity in one of the world’s largest internet markets.

The report outlines Coinbase’s reopening of registrations with crypto-to-crypto trading while preparing to launch a fiat on-ramp in 2026. It also recounts APAC director John O’Loghlen’s description of the company’s earlier withdrawal. He said:

We had millions of customers in India, historically, and we took a very clear stance to off-board those customers entirely from overseas entities, where they were domiciled and regulated.

“Because we wanted to kind of burn the boats [sic], have a clean slate here. As a commercial business person wanting to make money and active users, that’s like the worst thing you can do, and so you know it wasn’t without some hesitation,” the executive was further quoted as saying.

Read more: Coinbase Moves Deeper Into India With Coindcx as Crypto Adoption Redefines Emerging Markets

India’s tax regime remains a central challenge, with a 30% levy on crypto income and a 1% deduction on each transaction. O’Loghlen said: “I think we want to be known as that trusted exchange, ensure that your funds are safe with us.” He also stated:

We’re not going to get out to the masses if you can’t have a really nice UI, a trusted experience that allows you to on board in a matter of minutes in the same way that you do with you know Zepto or Flipkart or any other super app in India.

Coinbase Ventures boosted its investment in Indian crypto firm Coindcx and the company plans to expand its 500-plus India team, underscoring long-term confidence despite strict regulation.

• Why did Coinbase resume onboarding in India?
  The exchange restarted access as part of a renewed commitment to the market after a multiyear pause.
• What trading features are available to Indian users right now?
  Users currently have access to crypto-to-crypto trades while a fiat on-ramp is planned for 2026.
• How do India’s crypto taxes affect Coinbase users?
  A 30% income levy and 1% transaction deduction create significant friction for trading and investing.
• What signals Coinbase’s long-term strategy in India?
  Increased investment in Coindcx and plans to grow its 500-plus team highlight a sustained commitment.

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