您现在的位置是:Leading exchanges are eyeing India >>正文
Leading exchanges are eyeing India
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛391人已围观
简介Leading cryptocurrency exchanges are exploring ways to enter the Indian market despite the potential...
Leading cryptocurrency exchanges are exploring ways to enter the Indian market despite the potential ban of crypto trading activities in the country.
There is regulatory uncertainty in the Indian cryptocurrency market. However, that hasn’t stopped the leading crypto exchanges from finding ways to enter the market. The exchanges are following Binance’s footsteps and want to explore the Indian market.
Industry sources told Reuters that some of the leading crypto exchanges in the world are exploring various ways they can start offering their services in India. The sources named crypto exchanges, including US-based Kraken, Bitfinex and KuCoin as the companies currently scouting the Indian market.
One of the sources said, “These companies have already begun talks to understand the Indian market and the entry points better.” The source claims to be personally involved with an exchange that iscurrently researching possible ways to enter the Indian market. Analysts expect the Indian cryptocurrency market to get bigger over the coming months and years.
Kumar Gaurav, the founder of digital bank Cashaa, said, “The Indian market is huge, and it is only starting to grow. If there were more policy certainty by now, Indian consumers would have been spoilt for choice in terms of exchanges, because everyone wants to be here.”
Binance is already active in the Indian market after acquiring WazirX, one of India’s leading cryptocurrency exchanges. KuCoin, Bitfinex and Kraken might also look to enter the market via the acquisition of local cryptocurrency exchanges.
The sources told Reuters that two of the exchanges are currently in the initial stage of deciding whether to explore the Indian market and how best to go about it. The choices are either to set up a subsidiary or purchase an existing Indian crypto firm.
The crypto exchanges are eyeing India despite the potential ban on crypto trading activities. India’s regulatory stance on cryptocurrencies remains uncertain, and that has led some companies not to set up short in the country.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/85572.html
相关文章
Solana (SOL) briefly flips XRP as Meme Moguls (MGLS) presale creates buzz
Leading exchanges are eyeing IndiaSolana (SOL) briefly flipped XRP as its market cap rose above $33 billion.Analysts are bullish on SO...
阅读更多
Dogelon Mars declines after ATH: should you buy the dip?
Leading exchanges are eyeing IndiaLike all Elon Musk-related cryptocurrencies, Dogelon Mars soared on the Twitter buy news yesterday,...
阅读更多
Japan ends corporate tax on unrealized crypto profit
Leading exchanges are eyeing IndiaJapan has scrapped corporate tax on unrealized profitsCompanies holding unrealized gains on their cr...
阅读更多
热门文章
最新文章
Crypto.com community in uproar over slashed rewards
Banxa Integration Brings Seamless, Low
$1 Launch price Option2Trade (O2T) Gains Influx of dYdX and Polygon Investors
Institutions want to enter the crypto space
DOGE rallies after Musk Twitter buy: where to buy Dogecoin
Bonk price sheds 12% as Solana pares gains