🌏 Coinbase is gearing up for a major comeback in Asia, specifically in India! 🇮🇳 After abandoning the market in 2022, the U.S.-based cryptocurrency exchange is in talks with Indian authorities to relaunch its operations. Sources indicate that discussions involve the Financial Intelligence Unit (FIU), as Coinbase seeks to secure the necessary license to operate—something that contributed to its previous exit. A Coinbase spokesperson expressed excitement about the Indian market, stating, "We intend to comply with applicable regulatory requirements." Coinbase initially launched in India with high hopes, investing heavily in local partnerships and planning to hire over 1,000 employees. However, the exchange faced challenges when the National Payments Corporation of India (NPCI) disallowed its use of UPI for customer onboarding, leading to what CEO Brian Armstrong described as a "shadow ban." With Binance also making a return to India, Coinbase is eager to reestablish its presence in the growing crypto landscape. What do you think about Coinbase's plans to relaunch in India? Let us know!