India's competition regulator has approved Coinbase's minority stake in the crypto exchange CoinDCX. According to reports, this clearance paves the way for the U.S.-based exchange to potentially expand its presence and operations within the Indian cryptocurrency market. The development signals a potentially significant move for both companies in a growing, yet complex, regulatory environment for digital assets.

India's competition regulator has approved Coinbase's minority stake in the crypto exchange CoinDCX. According to reports, this clearance paves the way for the U.S.-based exchange to potentially expand its presence and operations within the Indian cryptocurrency market. The development signals a potentially significant move for both companies in a growing, yet complex, regulatory environment for digital assets.