The exchange now allows Indian users to deposit and withdraw INR via IMPS for spot and perpetual futures trading.
Coinbase has launched direct INR rails in India, enabling users to deposit and withdraw funds via IMPS. The move supports trading in spot markets and perpetual futures for major cryptocurrencies.
The exchange is registered with FIU-IND and complies with local tax requirements. It has also established INR order books and will maintain access to its global exchange platform.
The development follows regulatory clarity in India, aiming to streamline crypto trading for local users while adhering to compliance standards.