TL;DR India and the Middle East are becoming top regions for crypto growth thanks to high adoption, supportive regulation, and economic potential. Coinbase is expanding our footprint in both regions by making an investment in CoinDCX, a regional market leader and existing portfolio company. This investment adds to our growing presence in the region and reinforces our belief that India and the Middle East are poised to help shape the future global onchain economy.
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Ahh I saw this earlier this morning. @Coinsreporter thoughts?
This investment shouldn't make a huge difference to the Indians, but I can't say the same for Coinbase, which could make bank on the business over in that part of the world.
Yeah opportunity for growth