Coinbase to offer crypto trading services in India later this year, registers with FIU. Follows the footsteps of rivals Binance and KuCoin by entering India, which is seen as a prominent market for the sector. This comes at a time when the crypto sector is getting heated up with the US President Donald Trump’s pro-crypto policies. (This is a developing story, please check back for updates.) The exchange will launch its initial retail services later this. year, followed by additional investments and expansion of products, the exchange said in a blog post on March 11. The exchange is based in San Francisco and is owned by the Winklevoss twins, who also run the popular Bitcoin exchange, Mt Gox. The company is valued at over $1.5 billion, according to a recent valuation report by the New York-based venture capital firm, Lightspeed Venture Partners (FLV). The exchange was founded in 2009 and is now based in New York and San Francisco, with offices in London and Singapore.