2018-9-28 13:00 |
One of the largest cryptocurrency exchanges in India, Zebpay have announced that they have locked down all of their exchange services as a result of a banking freeze established by India’s central bank, the Reserve Bank of India (RBI).
Cryptocurrency is in limbo in India at the moment, with the RBI currently in a legal battle as a result of them essentially banning cryptocurrency use in the country. As it stand, cryptocurrency investment is still accepted, though not for customers of the RBI, moreover, investors are no longer permitted to exchange crypto for FIAT, therefore only crypto to crypto transactions in India are available.
Continue reading Zebpay Locks Down Exchange Services, Is This A Sign Of Things To Come In India at Crypto Daily™.
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