India’s Largest Crypto Exchange Shutting Down

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Zebpay announced that they are stopping their trading platform today. All unfinished orders will be cancelled and funds to be credited to users’ Zebpay wallets, which will work after the exchange stops. The reason for closing is a restrictive policy of the central bank in relation to cryptocurrency. Zebpay representative explained: “Difficulties in working with bank accounts have destroyed our ability to provide services for our clients’ businesses. At the moment we cannot offer an effective solution to continue working with cryptocurrencies.”

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