Zebpay,one of the India's popular & largest cryptocurrency exchange, is stopping customer's fiat transaction in both deposite & withdrawl as a result of the Central Bank's banking barrier..
In an announcement on Wednesday,july,2018,Zebpay declares that they are moving to disable all Indan Rupee(INR) deposits & withdrawls for customers as per the Central Bank's mandated ban of prohibiting Banks from offering services to cryptocurrency firms..
As reported earlier by CCN, the Reserve Bank of India,issued a circular on April 5,2108 to all the regulated financial institutions that they must discontinue their banking/financial services to those companies involving cryptocurrency sector within three months..The deadline of three months of ending service,comes into effect on Thursday..
In a corporeal conquer for Central Bank against the cryptocurrency sector,The Supreme Court deny to delay bank with a ruling yesterday.The next hearing date of Industry's case against the ban is July 20,2018.
Already,crypto traders,investors & wider crypto-industry remain hopeful of promised regulations that would recognize the essence of this sector & legalize Cryptocurrency..
Zabpay is one is most popular exchange
Ye to hona hi tha. Trade ke liye you can consult me later.
Yes i have heard this news.
It is decided government on 20.
https://steemit.com/mgsc/@bhaveshsavani/you-are-holding-bitcoins-in-india-here-s-what-you-can-do
Yes recently heard that news
nyc article
Zebpay stop deposit and withdrawl
Congratulations @sudipmukherjee1! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard: