INDIA RECORDS $11MILLION IN CRYPTO TRADING VOLUME

May 14,2019 at 08:40 pm




Potential news of cryptocurrency ban in India had surfaced in late October 2018. Banned or Unbanned, The nation’s digital asset investors are no longer affected by such news.  However, local traders are “waiting for concrete information” and substantive updates regarding cryptoasset regulations from India’s government as they engage in daily crypto exchange



Nischal Shetty, the CEO of Indian digital asset exchange WazirX, has said that the recent recommendation that led to India’s government departments complete ban on cryptocurrencies has not had any negative impact on local crypto trading volumes.



In statements shared with Bitcoin.com , Shetty said that WazirX recorded its “highest trading volume” during April 2019 as the local crypto exchange processed over $11 million in trades.

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