Indian exchange Zebpay to shut down

Bloc10Fintech

Contributor
Zebpay, once the largest cryptocurrency exchange by trading volume in India, has announced it is halting its trading service later today.

The exchange said:

"The curb on bank accounts has crippled our, and our customer's, ability to transact business meaningfully. At this point, we are unable to find a reasonable way to conduct the cryptocurrency exchange business. As a result, we are stopping our exchange activities."

Indian Crypto Exchange Zebpay Halts Trading Over Banking Ban - CoinDesk
 
Top