With two consecutive taxes ready to eat away at their holdings, most Indian investors have seemed to have opted for hibernation amid an unforgiving bear market.
Zebpay News
Zebpay is a Singapore-headquartered cryptocurrency exchange. The company started business as a global wallet service before the exchange was launched in 2014. In 2018, Zebpay closed doors to its Indian customers due to the country’s banking ban. The regulatory environment made it expand to “more cryptocurrency-friendly locations” — Australia and Singapore. According to the team, they have reached 3 million users and processed 2.9 billion Australian dollars ($2 billion) in fiat transactions.
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“Crypto exchanges want to be part of IndiaTech because we have moved the needle in the past few months on the narrative and perception of this industry," said Rameesh Kailasam.
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Crypto exchange Zebpay aims to create an ecosystem for digital-collectible fans in India.
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“Learn about simple, secure Bitcoin,” the ads state.
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ZebPay teams up with Chainalysis to monitor transactions in India as the firm re-expands services in its home country.
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Singapore-based cryptocurrency exchange Zebpay has launched trading services in Australia.
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India is getting a dedicated group for exploring blockchain expansion courtesy of the Internet and Mobile Association of India.
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One of India’s largest cryptocurrency exchanges has suddenly suspended its services due to the uncertain legal status of crypto assets.
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Zebpay has opted to halt Indian rupee operations for users as India enacts a ban on providing banking services to cryptocurrency businesses.
24638 - Interview
Cointelegraph spoke to India’s three largest cryptocurrency exchanges, which unanimously stated that the cryptocurrency ban rumors are nothing more than FUD.
73797 The Reserve Bank of India is determined to make sure Indians know about the riskiness of digital currency, meanwhile government can’t decide on regulations.
36671Interest in Bitcoin and other digital currencies is booming in the world’s second most populous country, which could be a huge boon for bulls.
20126- Regulations
India’s central bank, Reserve Bank of India (RBI), has announced its plan to ban the use of virtual currencies as a form of payment across the country but has shown its support to Blockchain.
40176 India’s Bitcoin adoption is increasing so rapidly Zebpay expects half a mln users to download its app monthly.
26895CNBC revealed that the Indian government committee has ruled in favor of regulating bitcoin on June 20.
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