Zebpay, India's largest crypto-exchanger, notified multicurrency wallets owners about the need to withdraw money before July 5. On this day in India, the Reserve Bank prohibits any operations with cryptocurrencies in companies that have a banking license.
At the same time, Zebpay management is confident that the volume of crypto-exchanger trades on the exchanger will not decrease. To maintain the interest of traders on the eve of the ban, Zebpay added 10 more trading pairs with Bitcoin, bringing the total number of available cryptocurrencies to 19, and currency pairs to 35. A similar opinion is held by the leadership of Unocoin's second large crypto-exchanger.
As we have already said, crypto companies of India are trying to challenge the prohibition of the Reserve Bank. Consideration of claims will be held on July 20 or earlier, that is after the ban enters into force.