Why India s top cryptocurrency exchange is urging users to withdraw funds

Get the Full StoryThe precarious blockchain regulation situation in India is forcing the country s leading cryptocurrency exchange desk to resort to extreme measures. Zebpay has abruptly begun asking its users to withdraw their Indian Rupee INR funds from the exchange. For some context, India s central banking authority Reserve Bank of India RBI issued a directive in April to all Indian banks asking them to withdraw support to cryptocurrency businesses in the country. Without the support of the banks, cryptocurrency exchanges in the country won t be able to offer trading against fiat currencies anymore. Zebpay has promised that the cryptocurrency-to-cryptocurrency trading on… This story continues at The Next Web

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