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Cryptocurrency exchange Coinbase has obtained a license from India's Financial Intelligence Unit (FIU), bringing it closer to resuming operations in the country. The approval was announced on social media on March 11, with Coinbase's chief legal officer, Paul Grewal, confirming the registration. The exchange intends to offer cryptocurrency trading services in India, benefiting both traders and developers. Despite past challenges with the country's central bank, Coinbase remains committed to aligning with local regulations. India, known for its complex relationship with crypto, has shown signs of embracing digital assets amid global adoption trends. A recent report by Chainalysis highlighted India's leading position in crypto adoption within the CSAO region, particularly in retail and decentralized finance. The country's evolving stance on cryptocurrencies reflects a shifting landscape that could position India as a key player in the digital economy