Indian regulators approve Coinbase's acquisition of a minority stake in CoinDCX.

The Competition Commission of India announced that it has approved Coinbase's acquisition of a minority stake in DCX Global Limited (the company behind the crypto platform CoinDCX). Coinbase's Chief Legal Officer, Paul Grewal, subsequently confirmed the news in an X post. Neither the regulatory announcement nor Grewal's post mentioned Coinbase's percentage stake in the crypto exchange.