Today news
About the same in other media
Singapore crypto bourse enters India despite pending curbs
Reading now: 515
Singapore-based virtual currency exchange Coinstore has begun operations in India at a time when the government is preparing legislation to effectively bar most private cryptocurrencies.
Coinstore has launched its web and app platform and plans branches in Bangalore, New Delhi and Mumbai, which will act as its base for future expansion, its management said.
“With nearly a quarter of our total active users coming from India, it made sense for us to expand into the market,” Charles Tan, head of marketing at Coinstore told Reuters.
Asked why Coinstore was launching India despite the pending clampdown on cryptocurrencies, Tan said: “There have been policy flip-flops but we hope things are going to be positive and we are optimistic that the Indian
Read more on moneycontrol.comAbout this in other media
9 in 10 urban Indians worry about savings not lasting through retirement: Study financialexpress.com /2 years ago
SBI-Sygnum-Azimut DAO fund invests in Singapore crypto exchange, Coinhako ambcrypto.com /2 years ago
Draft Cryptocurrency Bill In India: Prison Sentence, Fine Of Up To Rs 20 Crore For Violation ndtv.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
