In the past few months speculation has been rife about Zebpay leaving India for Singapore where they seem to have a registered office. The fact that it has not challenged RBI's actions head-on as some others have. Some of these questions have been answered in detail now by it's founding member.
Considering Zebpay was the first mover in this space from India there seems to have been no plans for any P2P exchange from Zebpay nor they have shown an intention to do the same.
Another major criteria is the process of token listing. How do they go about listing any token on their platform for trading. They are after a broker type of a platform and no a spot exchange.
Kashif Raza from CryptoKanoon interviews Ajeet Khurana during International Blockchain Congress held at Hyderabad last week. The interview is in Hindi but it will clarify some of the aforementioned things. I recommend watching the whole video if you are from India.
Crypto Kanoon is a collective group of individuals that serves as platform for regulatory news & analysis, blockchain events and startup advisory in India.
Zebpay seems to be in this for the long run and that's very good for all users from India. I hope they will continue to push for fair regulations to be brought in so that we can all benefit from it.
I have used Zebpay in the past although generally speaking I prefer spot exchanges over any broker model such as Zebpay even though it makes it very convenient to use it.
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