Catenaa, Monday, June 08, 2026- Coinbase has launched direct Indian rupee payment rails and perpetual futures access for users in India, marking a deeper expansion into one of the world’s fastest-growing crypto markets.
The Nasdaq-listed exchange said Indian customers can now deposit and withdraw rupees directly through the country’s Immediate Payment Service system without relying on peer-to-peer transfers or third-party intermediaries. Coinbase also introduced dedicated INR order books to improve liquidity for local traders.
The rollout follows Coinbase’s registration with India’s Financial Intelligence Unit, known as FIU-IND, which oversees anti-money laundering compliance and suspicious transaction monitoring.
The company said Indian users will also gain access to perpetual futures contracts tied to major cryptocurrencies alongside advanced trading tools through Coinbase Advanced. Those services include institutional-grade APIs and WebSocket order book streaming designed for professional and high-volume traders.
Coinbase has spent several years attempting to establish a stronger foothold in India after facing regulatory and banking obstacles that forced it to scale back operations earlier in the decade. The exchange reportedly resumed onboarding Indian users in late 2025 after more than two years of limited activity in the country.
India remains one of the largest crypto adoption markets globally. A report published by [TRM Labs](https://www.trmlabs.com?utm_source=chatgpt.com) in October ranked India first in global crypto adoption for the third consecutive year, ahead of the US, Pakistan, the Philippines and Brazil.
Coinbase said it has also backed India’s blockchain developer ecosystem through investments tied to Base, its Ethereum layer-2 network. According to the company, more than 4,000 Indian builders have developed projects on Base, with around 150 projects growing into startups.
The expansion reflects rising competition among global exchanges seeking regulated access to Asia’s growing retail and developer-driven crypto economy.
