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Coinbase Secures Final Approval for Strategic Stake in Indian Exchange CoinDCX

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Coinbase has secured final approval for its strategic investment in Indian crypto exchange CoinDCX, as reported in crypto exchange news. The Competition Commission of India (CCI) cleared the deal, signaling support for institutional adoption. The partnership involves a strategic equity stake, preserving CoinDCX’s operational control. The move is seen as favorable for market competition and user choice. Coinbase also plans INR-based crypto purchases starting 2026, aiming to boost onboarding. The approval comes amid heightened focus on exchange security following recent exchange hacks.
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