Popular crypto exchange Kraken could be preparing for a potential re-entry into the Indian market after being banned last year.  According to local media reports dated 20 February 2025, Kraken is in discussions with India’s Financial Intelligence Unit (FIU) to obtain the necessary licenses. In 2024, local authorities blacklisted and banned Kraken for non-compliance with

Coinbase is planning to re-enter the Indian market after leaving in September 2023 due to regulatory issues. The company is engaging with Indian authorities, including the Financial Intelligence Unit (FIU), and aims to comply with regulations. This decision comes after facing challenges in India previously and scaling back operations. Coinbase’s CEO sees potential in India