In April, the Reserve Bank of India gave crypto exchanges three months’ notice to tie up their business with banks. Effectively, many exchanges, including India’s largest, Zebpay, had little choice but to shut down. Zebpay was India’s first Bitcoin (BTC) exchange. It had hundreds of thousands of users, a figure that was rapidly growing. Zebpay … Continue reading “India’s Reserve Bank Schedules Two More Panels On Crypto”
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India May Soon Ban Cryptocurrencies Following Council Meeting
Author Eric Van OrmanPosted on Categories Business, Crypto Technology, Cryptocurrency, General, Law, Regulations, UncategorizedLeave a comment on India May Soon Ban Cryptocurrencies Following Council MeetingIndia’s Financial Stability and Development Council (FSDC) recently met to discuss cryptocurrencies. The committee in charge proposed an additional ban that has many wondering whether owning coins would be legal at all. Last April, the Reserve Bank of India (RBI) surprised the crypto community when they banned any relationship between cryptocurrencies and banks This meant … Continue reading “India May Soon Ban Cryptocurrencies Following Council Meeting”
India’s Largest Crypto Exchange Moving Operations to Malta
Author Eric Van OrmanPosted on Categories Banking, Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, News, Regulations, UncategorizedLeave a comment on India’s Largest Crypto Exchange Moving Operations to MaltaIndia’s strict policy on cryptocurrencies is causing a multitude of blockchain and crypto companies to move abroad. The latest to do so is one of the largest crypto exchanges in the country, Zebpay. They were the largest exchange in terms of trading volume and they are moving their operations to Malta. They currently also have … Continue reading “India’s Largest Crypto Exchange Moving Operations to Malta”
Zebpay Relocates to Malta After Cryptocurrency Ban in India
Author Eric Van OrmanPosted on Categories Blockchain, Business, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, News, Regulations, UncategorizedLeave a comment on Zebpay Relocates to Malta After Cryptocurrency Ban in IndiaZebpay is based in Singapore but had a major office in Gujarat, India. It was one of the country’s largest exchanges, accounting for half of its trade volume. Furthermore, it hosted nearly 6 million users. However, the Reserve Bank of India banned banks from conducting any business from crypto exchanges. Therefore, this decision presented several … Continue reading “Zebpay Relocates to Malta After Cryptocurrency Ban in India”
Zebpay: Cryptocurrency Exchange Shuts Down
Author Ian CooperPosted on Categories Bitcoin, Business, Crypto Exchanges, Cryptocurrency, General, News, RegulationsLeave a comment on Zebpay: Cryptocurrency Exchange Shuts DownZebpay, one of India’s biggest crypto-exchanges is shutting down with only several hours’ notice. Nearly six months after the Reserve Bank of India imposed a ban on cryptocurrencies, a non-supportive environment has now crippled the exchange. India Cryptocurrency Ban In April 2018, the Reserve Bank of India (RBI) issued its crypto-ban, prohibiting any regulated financial … Continue reading “Zebpay: Cryptocurrency Exchange Shuts Down”
Zebpay, India’s first crypto exchange announces 6 new crypto-to-crypto trading pairs
Author bittpressPosted on Categories Cryptocurrency, GeneralLeave a comment on Zebpay, India’s first crypto exchange announces 6 new crypto-to-crypto trading pairsOn 3rd May 2018, Zebpay made an announced in their blog post that they are excited to launch 6 new crypto-to-crypto trading pairs. The exchanges first trading pair was Ethereum(ETH) to Bitcoin(BTC). The cryptocurrencies which would be added to the list are Bitcoin Cash, Ripple, Litecoin, EOS, Torn, OmiseGo, Torn and Golem. The crypto-to-crypto … Continue reading “Zebpay, India’s first crypto exchange announces 6 new crypto-to-crypto trading pairs”
