Cryptocurrency exchange Koinex shuts down in India
Koinex has been facing denials in payment services from payment gateways and bank account closures
The crypto exchange said it has witnessed a sharp decline in its trading volumes
NEW DELHI : Facing regulatory troubles, one of India's largest cryptocurrency exchange, Koinex, shut down today. "After months of uncertainty and disruption, we have regretfully decided to shut down all digital assets exchange services and operations today," Koinex co-founder Rahul Raj said in a blogpost.
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