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Diya Poddar

Competition Commission of India clears Coinbase minority investment in CoinDCX

India's competition regulator approved Coinbase's plan to take a minority stake in DCX Global, the parent of CoinDCX, on Wednesday. Coinbase resumed Indian user sign-ups last week after a two-year pause, and its latest funding disclosure was made in mid-October. CoinDCX previously reported a $44.2 million wallet-related breach in July with no customer funds affected.