After a pause of more than two years, crypto exchange Coinbase has opened its app for registration in India. At the moment, users are able to make crypto-to-crypto trades ' but speaking at India Blockchain Week (IBW), Coinbase's APAC director John O'Loghlen said the company will open up a fiat on-ramp in 2026, allowing users in India to load money and buy crypto. Coinbase opened up its services in India in 2022, and within days had to shut down support for the Unified Payments Interface (UPI) payment network. This move came after UPI operator National Payments Corporation (NPCI) refused to acknowledge Coinbase's presence in the country. Later in 2023, Coinbase ceased all operations for Indian users and asked them to offload their accounts. '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...
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