Coinome Becomes Latest Indian Bitcoin Exchange Forced to Shut Down

Bitcoin exchanges continue to shut down their services in India on account of the less than favorable operating conditions for such businesses in the country. Coinome, a cryptocurrency exchange based in the country recently announced that it would shutter its services come the middle of May 2019.

Meanwhile, despite months of legal ramblings, India appears no closer to definitively reaching a conclusion about cryptocurrency regulations. Regulators in the country continue to exhibit anti-cryptocurrency leanings in many of their policy declarations.

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