Coinbase Gains CCI Clearance for $2.45 Billion Minority Investment in CoinDCX

Coinbase has obtained approval from India's Competition Commission to acquire a $2.45 billion minority stake in CoinDCX, strengthening its push into India and the wider Middle East. The deal follows CoinDCX's $44 million security breach in July and comes as Coinbase resumes direct operations in India after a two-year pause, with plans to add rupee deposits and fiat trading by 2026.