What happened to Coinbase in India?

In recent times, Coinbase, one of the world's largest cryptocurrency exchanges, has faced significant challenges in India. Could you elaborate on the specific events that have unfolded? There have been reports of the company's services being restricted or banned, sparking concerns among crypto enthusiasts and investors in the country. What were the key reasons behind these actions? Did Coinbase violate any local regulations? Additionally, how has this affected the overall cryptocurrency market in India? And what are the potential implications for Coinbase's global operations and future prospects in the region?