CryptoWizard
Mon Jul 15 2024
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7 answers
1002
Why are Indian crypto exchanges removing rupee deposits?
Why are Indian cryptocurrency exchanges suddenly removing the option for rupee deposits? This recent move has raised many eyebrows in the industry, given the growing popularity of digital currencies in the country. Are there regulatory pressures from the government forcing these exchanges to comply with certain restrictions? Or is it a business decision based on market conditions and the volatile nature of cryptocurrencies? It's crucial to understand the reasons behind this decision, as it could have significant implications for investors and the crypto market in India.
