Crypto panic again strikes as India’s banks are about to stop dealing with cryptocurrency related companies like Zebpay, WazirX.

in #in6 years ago

India's largest Cryptocurrency exchange Zebpay announced that on the directives issued by Reserve Bank of India on April 5, banks are about to stop the dealing with virtual currencies and terminate the accounts of Companies related to cryptocurrencies.

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Panic caused a crash on Indian crytocurrency trading platforms and a massive sell-off of their coins. BTC is down with 3% and ETH with 5% in an single hour.

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