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Coinbase Secures FIU Approval, Returns to Indian Market

  • Coinbase returns to the Indian market after registering with India's FIU, overcoming previous regulatory challenges.
  • Coinbase's return to India signifies their commitment to the country's growing crypto space and young investor interest.
  • Coinbase implements Proof of Reserves for cbBTC to ensure full Bitcoin backing and address user concerns about market stability.
  • Coinbase faces additional legal obstacles and regulatory tightening in Australia and the US amid uncertainty surrounding the future of crypto regulation.

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