Coinbase Invests in CoinDCX as India's Crypto Regulation Nears Clarity
Coinbase has invested in India's largest cryptocurrency exchange, CoinDCX, as the country's regulatory climate for digital assets begins to shift toward transparency and compliance.
This move signals renewed confidence in the region's compliant exchanges and highlights how major global players are strategically positioning themselves in anticipation of India's formal crypto framework.
- Coinbase deepens its presence in South Asia with a fresh investment in CoinDCX.
- The investment marks a renewed phase in Coinbase's engagement with the Indian market.
- CoinDCX was valued at $2 billion in 2022 during its Series D funding round, in which Coinbase participated.
The move highlights how major global players are strategically positioning themselves in anticipation of India’s formal crypto framework.
Author's summary: Coinbase invests in CoinDCX amid India's crypto regulation clarity.
More News
- Who won fashion month SS26 on social media?
- How South Africa’s transformer manufacturing industry can fill a gaping local and national infrastructure gap
- Domestic violence leads murders; Las Vegas honors victims in ceremony
- Indianapolis airport won't play Kristi Noem's video. Legal experts say it breaks the law
- Witches Night Out fundraiser to support cancer patients at Wellness House
- Mount Pleasant residents urge town council for speed humps after near-miss incident
- Diane Keaton cause of death revealed
- Alaska immigration enforcement: 41 of 56 detained this year not linked to a crime, data shows
- Land spat highlights tension between traditional and formal law
- Kada Scott: Arrest made in disappearance of 23-year-old Philadelphia woman as search continues