India Regulator Approves Coinbase's Minority Stake in CoinDCX

Coinpaper

Release Time:12/18/2025 05:36:46

India’s Competition Commission has approved Coinbase’s minority stake in CoinDCX, a major player in the local crypto market. The move marks a **partnership announcement** between the two firms, with Coinbase’s CLO confirming the decision on X. The investment, revealed in October, values DCX Global at around $2.4 billion. The approval aligns with broader shifts in **global crypto policy**, as Coinbase seeks to re-enter the Indian market after scaling back in 2023. The firm also unveiled new products at its recent System Update event, including stock trading and AI-driven investment tools.

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