A major US-based crypto exchange is making its comeback in the Indian market after staying away for two years, according to recent reports.

The platform had suspended its services in India back in 2023, but sources indicate it has now quietly resumed operations through its mobile application. This move signals renewed confidence in India's evolving crypto regulatory landscape.

India represents one of the fastest-growing crypto markets in Asia, with millions of active traders despite previous regulatory uncertainties. The return of this major player could shake up the competitive dynamics among exchanges operating in the region.

The timing is interesting — it comes as India continues refining its stance on digital assets, with clearer tax frameworks now in place compared to two years ago. For users in India, this means more options and potentially better liquidity for their crypto trading activities.