THELOGICALINDIAN - The CEO of Zebpay which larboard India due to cyberbanking restrictions says the accounted cryptocurrency blanketban is absurd to appear Ajeet Khurana was talking as the aggregation appear the aperture of a new address in Melbourne Australia
Nobody Who Could Ban It Has Said They Will
Speaking to Australian account armpit Micky, Khurana said that he had heard of the accounted ban through assorted media outlets. However, over the accomplished year, he has met with all the top stakeholders in the Ministry of Finance, the axial bank, and balance regulators. Despite a assertive akin of alarm about crypto in some quarters, he has never heard allocution of banning it:
Of course, it’s accessible to draw such abstracts back you no best accept bark in the game.
Zebpay Ceased Trading In India Due To RBI Ban
As Bitcoinist reported, aftermost October Zebpay shut up boutique in India and confused to the added crypto-friendly climes of Malta. It had ahead been India’s better cryptocurrency exchange. This was abhorrent at the time on the Reserve Bank of India’s contested ban on banks accouterment casework to crypto-companies.
Khurana said that the accommodation to leave India was one of the hardest he’s anytime had to make.
Zebpay has back broadcast to over 130 countries, although the appear Australian address is alone its additional concrete presence. Khurana cites Malta and Australia as arch the apple in accuracy of cryptocurrency regulation. Australia’s ample calm bazaar was additionally a agency in his decision.
Zebpay isn’t the alone Indian crypto-company attractive abroad for business. Yesterday, Bitcoinist reported on Wipro, who accept been alive to accommodate an interbank allowance band-aid for the Thai Central Bank.
One charge achievement that the Indian adjustment beating bound finds a absolute cessation so that such acquaintance aptitude doesn’t carelessness the country completely.
What do you anticipate about the accompaniment of cryptocurrencies in India? Let us apperceive in the comments below!
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