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Starlink and Coinbase Move Closer to India Market Entry with Major Partnerships

SpaceX's Starlink partners with Airtel and Jio, while Coinbase secures regulatory approval for crypto trading in India.

  • Starlink has signed agreements with India's top telecom providers, Airtel and Jio, to expand satellite internet services in the country, pending regulatory approval.
  • The partnerships aim to leverage Airtel and Jio's retail and enterprise networks to bring high-speed broadband to remote areas and enhance existing telecom offerings.
  • India's government is reportedly motivated by geopolitical considerations, including countering China's satellite internet initiatives and fostering ties with the U.S. under Elon Musk's influence in the Trump administration.
  • Coinbase has obtained approval from India's Financial Intelligence Unit to resume cryptocurrency trading, marking a significant shift in India's regulatory stance on crypto after years of uncertainty.
  • These developments reflect broader political and economic dynamics between India and the U.S., with potential implications for trade negotiations and technology collaboration.
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