Zebpay to go global after the RBI Cryptocurrency Ban.

Zebpay is supposedly extending globally in the wake of suspending cryptocurrency trading operations in India because of the banking ban imposed by the nation’s central bank. As indicated by data on its site, an entity has been set up to operate the Zebpay exchange in Malta.


Zebpay going to serve 20 Nations

Cryptocurrency exchange Zebpay has posted data on its site with respect to its abroad operations yet still can’t seem to make any declarations about them.


On its site, under Terms of Utilization, Zebpay depicted a Malta-registered entity called Awlencan Innovations Malta Ltd. This organization was set up on Sept. 17. Zebpay composed:

Awlencan Innovations Malta Limited (C-88318), a Maltese registered company with office address situated at: 48, Triq Stella Maris, Sliema, SLM 1765, Malta, which owns and operates the ‘Zebpay’ VFA [virtual financial assets] exchange platform in Malta.


The page likewise gives a rundown of 20 nations which Zebpay offers its services to. They are Malta, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Netherlands, Poland, Portugal, Slovenia, and Sweden.


For know-your-customer (KYC) purposes, Zebpay clarified that every client can just have one account. “Multiple accounts with same KYC documentation isn’t qualified for the enlistment of extra accounts,” the firm included, taking note of:

Zebpay provides the platform to match the orders, and prices are therefore set by the market-forces of supply and demand.


Zebpay was one of India’s biggest cryptocurrency exchanges. Be that as it may, its exchange activities in India were shut down toward the finish of September because of the cryptocurrency banking ban imposed by the Reserve Bank of India (RBI). The ban became effective in July and various petitions have been documented against it. The nation’s supreme court has been endeavoring to hear them yet the case continues being postponed.



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