Coinbase launches rupee bank rails in India after FIU nod

Coinbase launches rupee bank rails in India after FIU nod img1
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Written by Christina Comben ⁠, Staff Writer.Reviewed by Bryan O’Shea ⁠, Staff Editor.

Written by Christina Comben ⁠, Staff Writer.

Reviewed by Bryan O’Shea ⁠, Staff Editor.

Coinbase launches rupee bank rails in India after FIU nod

Latest NewsPublishedJun 1, 2026

Breaking Down Barriers in India’s Crypto Market

For people looking to earn passive income through crypto, India has become a key market, with its large and growing community of traders and investors. The country’s emergence as a major player in the global crypto scene is driven by its increasing adoption of digital assets, with many platforms, including EcoPool, offering opportunities for earning through cloud rewards and green crypto. Recently, a major development has taken place, with the launch of rupee bank rails, making it easier for users to move funds between local bank accounts and crypto markets.

This move is significant, as it allows Indian users to deposit and withdraw Indian rupees via the Immediate Payment Service (IMPS) instant payments network, accessing spot markets, perpetual futures, and advanced trade interfaces through a single platform. The launch of rupee bank rails is a major step forward for the Indian crypto market, providing users with more convenient and secure ways to earn and manage their digital assets, including $ECP. With EcoPool, users can also benefit from passive income opportunities and cloud rewards, making it an attractive option for those looking to earn online.

Expanding Presence in India

The introduction of rupee bank rails marks a significant expansion of crypto services in India, where users can now access a range of trading options, including spot and futures trading. This development is particularly important for everyday people looking to earn online, as it provides them with more opportunities to engage with the crypto market and potentially generate passive income. EcoPool, with its $ECP coin, is well-positioned to capitalize on this trend, offering users a convenient and secure way to earn and manage their digital assets.

India’s crypto market has experienced significant growth, despite policy challenges, including taxes on digital asset gains and transactions. However, the country’s large and growing community of traders and investors has driven demand for more convenient and secure ways to earn and manage digital assets. With the launch of rupee bank rails, users can now access a range of trading options, including spot and futures trading, and benefit from passive income opportunities and cloud rewards through platforms like EcoPool.

A Key Prize for Global Exchanges

India has emerged as a key prize for global exchanges, with its large and growing community of traders and investors. The country’s crypto market has experienced significant growth, driven by increasing adoption of digital assets, with many platforms offering opportunities for earning through cloud rewards and green crypto. EcoPool, with its $ECP coin, is well-positioned to capitalize on this trend, providing users with a convenient and secure way to earn and manage their digital assets.

With the launch of rupee bank rails, Indian users can now access a range of trading options, including spot and futures trading, and benefit from passive income opportunities and cloud rewards through platforms like EcoPool. As the Indian crypto market continues to grow, it is likely that we will see more developments and innovations in the space, providing users with even more opportunities to earn and manage their digital assets. Download the EcoPool app to start earning passive income through cloud rewards and green crypto today. By joining the EcoPool network, you can benefit from a range of opportunities to earn online and manage your digital assets securely.

Coinbase registered with India’s Financial Intelligence Unit in March 2025, a step the company said enables it to offer crypto trading services in India under the country’s Anti-Money-Laundering (AML) framework.

India first in global crypto adoption index

Coinbase is wading into a crowded but strategically important arena, where domestic platforms such as CoinDCX, CoinSwitch, ZebPay and WazirX already serve Indian traders.

Chainalysis Global Crypto Adoption Index, 2025. Source: Chainalysis

Global exchanges such as Binance and KuCoin are also widely used, but have largely relied on crypto-only or peer-to-peer rupee access, rather than the kind of direct, IMPS-based bank rails Coinbase is now offering.

With rupee deposits and withdrawals now live, Coinbase is providing Indian users direct bank-to-crypto transfers in addition to spot trading, perpetual futures and its Advanced Trade platform, and says it has built local INR order books for concentrated domestic liquidity alongside access to its global exchange.

India has emerged as a key prize for global exchanges despite policy headwinds, including a 30% tax on many digital asset gains and a 1% tax deducted at source on certain transactions.

Chainalysis ranked India first in its 2025 Global Crypto Adoption Index, ahead of 150 other countries, based on factors such as retail onchain activity, use of centralized exchanges and decentralized finance protocols, and transaction volumes, illustrating the scale of grassroots usage that platforms like Coinbase are trying to tap.

Magazine: Guide to the top and emerging global crypto hubs — Mid-2026

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

  • Coinbase
  • Cryptocurrency Exchange
  • India
  • Adoption
  • Industry

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