Coinbase reopens India registrations, resumes crypto trading; fiat support by 2026

Coinbase has reopened app registrations in India and restored crypto-to-crypto trading after pausing local operations in 2023. It plans to enable fiat deposits by 2026, the company said during India Blockchain Week. Indian rules impose a 30% tax on crypto gains and a 1% TDS on each transaction. Coinbase also expanded investment in CoinDCX, valued at $2.45 billion, and maintains over 500 staff in the country.