India’s cryptocurrency ban has already taken its first toll

It seems that Indian Supreme Court’s decision to uphold the central bank’s directive against cryptocurrency businesses is taking its toll already. Zebpay is disabling the deposit and withdrawal options for Indian Rupee from its platform, the company announced today. Dear User, Today we are disabling the rupee deposit and withdrawal options on the Zebpay app. This is being done in light of the bank account closures as per the RBI guideline. More details here: https://t.co/bptLZXFL7R pic.twitter.com/NEvVNHgJiP — zebpay (@zebpay) July 4, 2018 It is worth noting that this decision isn’t coming out of the blue. Zebpay asked its users to… This story continues at The Next Web source: https://ift.tt/2Nob7AA #Headlines by: Neer Varshney Original Post: https://ift.tt/2tPDpfp https://ift.tt/2zcEoLO
source: https://droolindognews.blogspot.com/2018/07/indias-cryptocurrency-ban-has-already.html