A Key Indian Crypto Exchange Is Seeking a License in Singapore
- Digital-asset volumes in India have been pummeled by tax levy
- ZebPay’s outgoing CEO says India’s stance hurts Web3 potential
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One of India’s oldest cryptocurrency exchanges is looking overseas for growth as the nation’s tax policies crush the domestic market.
Eight-year-old ZebPay has applied for a license in Singapore and is assessing the potential of a similar step in the United Arab Emirates, outgoing Chief Executive Officer Avinash Shekhar said in an interview.