Coinbase Maps Phased India Comeback, Targets Fiat Access Restoration in 2026

On 8 December 2025, Coinbase said it is re-establishing its presence in India after winding down its earlier operation and exiting the market in late 2023. The exchange has reopened registrations on its app and now supports only crypto-to-crypto swaps, with plans to restore fiat on- and off-ramps in 2026. Its return plan emphasizes engagement with government bodies, regulatory approvals, and local partnerships, including a collaboration with Karnataka's technology ministry.