Zebpay has not only moved their operations to Europe but have started it there as well. This is part of the larger brain drain occurring in the blockchain and cryptocurrency space in India.
In my post from two months ago I had written about Zebpay moving to EU as they have a registered themselves in Malta.
They had incorporated themselves as Awlencan Innovations Malta Limited in Malta and Awlencan Innovations Pte. Ltd in Singapore.
Currently Indian users cannot trade on Zebpay as it shut down operations in India however approximately 21 European countries will be able to use this platform to trade.
More details will be available shortly for our European friends who want to use this exchange but meanwhile a major Indian exchange moving abroad is not a great news for us because they were forced to shutdown in India.
It's a pity that all this dilly dallying from the Indian government is causing a loss to the public in terms of innovation in payment systems and opportunities to grow their income.
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