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Crypto Firms Re-enter India, Expect Softer Regulations

Several cryptocurrency companies are making a comeback in India, anticipating a more relaxed regulatory environment. According to a Bloomberg report, major global exchanges are taking steps to comply with Indian laws.

Coinbase has now registered with India’s Financial Intelligence Unit (FIU), joining other platforms like Binance, Bybit, and KuCoin. This move indicates a renewed interest in India’s crypto sector.

Meanwhile, publicly traded crypto-related firms such as Bit Digital, Bitfarms, Core Scientific, Greenidge, Marathon, Riot, MicroStrategy, Stronghold, and TeraWulf continue to shape the global digital asset landscape.

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