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- Coinbase launches direct INR payment rails for users across India.
- New banking support removes reliance on peer-to-peer payment channels.
- India remains central to Coinbase’s long-term expansion strategy plans.
Coinbase has expanded its operations in India with the launch of new Indian rupee payment rails, giving customers direct access to banking services on the platform. The update will enable users to transfer or receive money instantly from their bank accounts via the Immediate Payment Service in India.
Coinbase’s rollout is significant since it adds to the company’s local infrastructure. Therefore, customers will not have to resort to peer-to-peer payment channels and third parties in transferring funds. In addition to new payment rails, Coinbase has added INR-specific order books. This means Indian traders can trade pairs that have access to local currency liquidity, providing a more direct trading experience.
The new services, the company said, will help the company move a more significant number of customers in one of the world’s biggest crypto markets. Furthermore, the platform is keeping its spot trading and perpetual futures trading of major digital assets. Coinbase Advanced is available for users who want to use the more advanced trading capabilities. It has professional market access tools, such as the order book streaming and institutional-grade APIs.
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Coinbase Builds Local Infrastructure Following Regulatory Approval
Coinbase’s latest expansion follows its registration with India’s Financial Intelligence Unit, known as FIU-IND. The regulator has a statutory responsibility to enforce compliance and to monitor financial transactions which are deemed to be suspicious throughout the country. John O’Loghlen, Coinbase’s Head of APAC, said India is a crucial market for the company’s future growth plans. The country’s vibrant developer ecosystem, trading activity and its rate of blockchain adoption are all critical factors that have helped Coinbase with its investment plans, he said.
In the last twelve months, the exchange has been making efforts to increase its footprint in India.Over the last year, the exchange has been making strides for its footprint in India. In December 2025, Coinbase is said to have resumed the process of customer onboarding after it re-entered the market after a lengthy hiatus.
Additionally, the firm has invested in CoinDCX, India’s biggest crypto exchange firm. Moreover, Coinbase has pumped over ₹10 lakhs in the Indian blockchain developer ecosystem via its Ethereum 2.0 L2 (Base) network. The company says that over 4000 developers have developed projects on Base in India. Additionally, approximately 150 of those projects have become start-up enterprises.
India Remains a Priority Market for Global Exchanges
India remains one of the most vibrant cryptocurrency markets in the world. According to TRM Labs, the country is the top adopter of cryptocurrencies for the third year in a row. India topped the list ahead of the U.S., Pakistan, Philippines and Brazil. Additionally, the increasing involvement of developers and startups is also attracting foreign crypto companies.
Coinbase’s INR payment rails launch highlights its effort to establish stronger local infrastructure as competition among exchanges increases across Asia. The company is targeting regulated services, banking access and liquidity solutions as a key pillar to its long-term growth plans in India. Overall, Coinbase’s latest endeavors in INR payment rails, local order books, and its ongoing investment initiatives reflect the broader efforts to broaden its footprint and solidify its presence in the burgeoning digital asset sector of India.
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