Coinbase Registers with India’s FIU for Crypto Trading Victor | amznusa.com

This milestone enables Coinbase to offer crypto trading in one of the world’s most dynamic markets.

Coinbase plans to launch its initial retail services later this year, with further investment and products to follow.

India: A Thriving Hub for Crypto Innovation

“We’re committed to building in markets that believe in the potential of crypto and onchain innovation,” said John O’Loghlen, Regional Managing Director for APAC at Coinbase. “India represents one of the most exciting market opportunities in the world today, and we’re proud to deepen our investment here in full compliance with local regulations.”

As a global technology leader, India is home to one of the most vibrant startup ecosystems. Its share of global onchain developers has surged from 3% in 2018 to 12% in 2023. Among emerging markets, India now boasts the highest concentration of onchain talent. Simply put, the country is a breeding ground for blockchain innovation.

“India’s developer community and entrepreneurial energy are unmatched,” O’Loghlen noted. “But too often, young Indian entrepreneurs have felt forced to look abroad to build global companies. Crypto can change that. By expanding access to our trusted platform and tools like Base, we aim to empower a new generation of builders to stay home, innovate locally, and scale globally.”

More About Coinbase

PancakeSwap is bringing exclusive onchain perks to Coinbase One members. Every two weeks, eligible members can grab a share of $8,453 in CAKE airdrops.

Simply trade over $100 on Base, BNB Chain, or Arbitrum using PancakeSwap to qualify. This offer gives traders more incentives to engage with DeFi while enjoying the benefits of Coinbase One.

Disclaimer

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This articles is written by : Fady Askharoun Samy Askharoun

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