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22 June 2021

Crypto exchange giants mulling India foray despite regulatory uncertainty

Crypto exchange giants mulling India foray despite regulatory uncertainty


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Crypto exchange giant Binance entered the Indian market back in 2019, acquiring one of the country’s most recognizable cryptocurrency trading platforms WazirX.

However, the central bank did clarify back in March that it had not instructed banks to shun crypto exchanges.

India’s Supreme Court overturned the RBI’s crypto ban back in March 2020 that prevented crypto exchanges from operating bank accounts in the country

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cointelegraph.com
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