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The support follows a challenging twelvemonth for CoinDCX which included a important information breach, though lawsuit funds remained safe.
Updated Dec 18, 2025, 8:05 a.m. Published Dec 18, 2025, 8:01 a.m.
India’s contention regulator has approved Coinbase’s program to get a number involvement successful CoinDCX, allowing the U.S.-based speech to deepen its vulnerability to 1 of the world’s fastest-growing crypto markets.
The Competition Commission of India (CCI) cleared the transaction connected Wednesday, giving Coinbase the greenish airy to put successful DCX Global Limited, the genitor institution of CoinDCX.
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Coinbase has been an capitalist successful CoinDCX since 2020. The latest superior infusion signals a renewed committedness to India aft the speech reopened idiosyncratic registrations successful the state past week pursuing a two-year hiatus.
The support follows Coinbase’s mid-October disclosure of the concern and caps a volatile twelvemonth for CoinDCX. In July, the speech disclosed a $44.2 cardinal information breach involving 1 of its wallets, though lawsuit funds were not affected.
Coinbase’s renewed propulsion into India comes arsenic it looks to rebuild its section footprint. The speech resumed onboarding past week with crypto-to-crypto trading and plans to rotation retired a rupee on-ramp successful 2026, according to Asia-Pacific manager John O’Loghlen.
India remains a analyzable marketplace for crypto firms owed to precocious transaction taxes and regulatory uncertainty, but the CCI’s support suggests policymakers are consenting to let planetary players a relation successful the country’s integer plus ecosystem nether defined oversight.
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