Cryptocurrency Q&A
Is Coinbase legal in India?
Is Coinbase legal in India?
Elena
Tue Dec 10 2024
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5 answers
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I am concerned about the legality of Coinbase in India. There have been reports about an Indian citizen being sentenced for fraud related to a fake Coinbase website, and also some confusion regarding Coinbase's services to Indian users. I want to know if Coinbase is operating legally in India.
5 answers
HallyuHeroLegendaryStarShine
Wed Dec 11 2024
As a result of these regulatory pressures, Coinbase has chosen to withdraw from the Indian market, marking a significant shift in its global operations.
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AzureWave
Wed Dec 11 2024
Coinbase, a cryptocurrency exchange headquartered in the United States, has announced its intention to cease all services for users located in India.
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Valentino
Wed Dec 11 2024
The decision to discontinue services in India was communicated to some customers via email, outlining the exchange's plans for withdrawal from the region.
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BlockchainBaron
Wed Dec 11 2024
The move follows a period of intense regulatory scrutiny faced by Coinbase from both Indian and American policymakers.
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WhisperInfinity
Wed Dec 11 2024
Indian regulators have been closely monitoring the cryptocurrency market, expressing concerns about its potential risks and impacts on financial stability.
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