Indian Crypto Exchange, Coindelta Ceases Its Operations

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Coindelta, The Indian Cryptocurrency Exchange has announced to shutdown via medium post. The exchange claimed that the end was due to lack of regulation for cryptocurrency in India and the RBI policy which made banks to withdraw its services to companies or individual dealing in cryptocurrency.

The company stated that :

The curb on the bank accounts by RBI has made us handicapped in order to provide seamless deposit and withdrawal services. There has not been any significant…

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