India has cleared Coinbase’s minority stake in CoinDCX, paving the way for the U.S. exchange to expand in the local crypto market.
In brief
India’s Competition Commission has approved Coinbase’s bid to acquire a minority stake in CoinDCX, valuing the exchange at $2.45 billion.
The latest development is a “big win for the Indian crypto ecosystem,” Coinbase CEO Sumit Gupta told De… [2076 chars]
Source: Decrypt | Published: 2025-12-18T06:09:25Z
Credit: Decrypt
