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Coinbase Approved to Acquire Minority Stake in CoinDCX by India's CCI

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India's Competition Commission approved Coinbase's acquisition of a minority stake in CoinDCX, marking the partnership announcement between the U.S. firm and the Indian exchange. This move strengthens their collaboration and boosts CoinDCX's standing in India, a global leader in cryptocurrency adoption. Analysts see the deal as a potential catalyst for more foreign investment in the country's digital finance sector. The approval comes amid rising interest in cryptocurrency news from both institutional and retail investors.
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