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Bitcoinist 2019-06-27 08:00:08

India’s Largest Crypto Exchange Shuts Down Over Proposed Ban

Koinex, the crypto exchange which was once the largest in India by volume, is shutting down due to regulatory pressure, officials have confirmed. Koinex Blames ‘Uncertainty And Disruption’ In a blog post issued June 27, Rahul Raj, CEO of Koinex, said the company had no option but to suspend trading indefinitely. The announcement is the latest in a string of surrenders from the Indian crypto exchange industry, which has faced more than a year ofRead MoreThe post India’s Largest Crypto Exchange Shuts Down Over Proposed Ban appeared first on Bitcoinist.com.

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