India, Dec. 16 -- The Competition Commission of India (CCI) on Tuesday cleared US-based cryptocurrency platform Coinbase's proposal to acquire a minority stake in DCX Global Ltd.

The approval follows Coinbase Global's announcement in October that it had invested in CoinDCX, a leading cryptocurrency exchange operating in India and the Middle East. CCI said it has granted its approval for the proposed transaction.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....