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
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