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Indian Crypto Exchange Koinex Shuts down

Indian Crypto Exchange Koinex Shuts down – Cryptocurrency Regulation – Altcoin Buzz

The Indian crypto exchange announced it would be shutting down permanently citing banking restrictions and regulatory delays as the reason for its action. It also added that denials in payment services and a continuous decline in trading volume as a result of the recent draft bill to ban crypto had a huge role to play in its decision.