India’s largest Bitcoin exchange moves to Malta to escape regulation

Zebpay, once India’s largest cryptocurrency exchange, is moving operations to Malta after having shut shop on its home turf last month. The exchange, which currently supports 20 cryptocurrencies, will serve users in 20 countries across Europe: Malta Belgium Bulgaria Croatia Cyprus Czech Republic Denmark Finland France Germany Greece Hungary Ireland Italy Latvia Netherlands Poland Portugal Slovenia Sweden Unfortunately, the exchange won’t be accessible to users in India. The company had no choice but to leave India shores following strict regulations issued in April by India’s central banking institution, the Reserve Bank of India (RBI). At that time, the RBI directed…

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https://ift.tt/2CrzaMh support@endlesssupplies.ca (Endless Supplies .Ca) October 18, 2018 at 05:04AM