BITPRISMIA
CoinDCX CEO Sumit Gupta has denied rumors of the exchange being sold to Coinbase, emphasizing the company's stability and commitment to the Indian crypto market.
Coinbase is reportedly in advanced talks to acquire Indian cryptocurrency exchange CoinDCX, a strategic move to strengthen its presence in India's crypto market despite regulatory challenges.
The COINS Act is a proposed model law aimed at providing a comprehensive and clear regulatory framework for cryptocurrencies in India, addressing current challenges like high taxes and lack of regulatory clarity.