Zebpay the Indian Bitcoin exchange launched Exchange in European countries
We all know that Indian exchange Zebpay has stopped their operations in India in September month but the NEWS is that they have recently started their exchange operation in European countries with Europe KYC and Bank Verification norms.
In my two month old post I shared this news.
Zebpay was the first exchange in India to start Bitcoin trading with fiat currency but because of banking ban in India they had to stop the exchange. It's a big time loss to India as they have moved their business to another country. Though they are claiming that it's a new set-up but if this banking ban continue or govt don't take any positive step then it's going to be lossful for the country.
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Due to banking ban by the RBI (Reserve bank of India), Zebpay shuts its operation within Indian territory and the information on theirwebsite claims its new exchange set up in Europe.
They tweeted on 5th dec to confirm that their exchange is live in Europe and on 11th Dec they shared list of 21 European countries where they are live with Crypto trading exchange.
Tweet 1-
Tweet 2-
They are registered in Malta and live with Euro deposits/withdrawals and trading in 21 countries (Malta, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Netherlands, Poland, Portugal, Slovenia, Sweden, Austria) in Europe for users and corporate investors.
As of now they have not allowed Indians to register to use their services but may be in future they can give the good news to us.
I would like to wish zebpay team good luck for their new assignment.
Thank you.
Follow: @alokkumar121
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