Big news for cryptocurrency in India! Coinbase, a popular place to buy and sell cryptocurrency, wants to come back to India. They left in 2022 because of some rules. Now, they're talking to Indian officials to get permission to operate again. This shows how important India is for the future of crypto.
- Coinbase stopped working in India in 2022.
- They are now trying to get permission to return.
- Other big crypto companies like Binance and Bybit are already in India.
- Coinbase hopes to comply with Indian rules and regulations.
| Company | Action | Fine (USD) |
|---|---|---|
| Binance | Registered after a fine | $2.2 million |
| Bybit | Registered after a fine | $1 million |
| Coinbase | Seeking registration | None yet |
