Zebpay was India’s first bitcoin company to launch the simplest mobile Bitcoin wallet app that enables bitcoin transactions using a simple smartphone. a Singapore-based Digital asset crypto exchange, Was operational in India, due to Indian regulation of the Reserve Bank of India (RBI) to local banks about non-involvement in cryptocurrency businesses. Zebpay shuts down there service across India. after this rumors come in the news that Zebpay is going to operate globally.
According to information on the Zebapay website, an entity has been set up to operate the Zebpay exchange to offer Zebpay service in Malta and 20 countries They are Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Netherlands, Poland, Portugal, Slovenia, and Sweden.
It looks like Zebpay is ready to enter in the international crypto market and they are starting with Europe (UK)
Here are some activities of Zebapy that we found online
A few hours ago, a LinkedIn page is sorted under the name of Zebpay Europe, the first post was posted on 10 December 2018 (ISD)
and 2 new sections are visible Euro Deposits and Withdrawals and Europe – KYC and Bank Verification on their official support page https://support.zebpay.com/hc/en-us
We found an interesting quote on Zebpay website
“Zebpay is committed to improving the global fight against Money Laundering and terrorist financing across the European Union. In this connection, the Company has endeavored to carefully ensure all of its internal AML Procedures are in accordance with the amendments to the Fifth Money Laundering Directive.”
Share your thoughts on Zebpay in Europe after shutting down exchange activities in India? Let us know in the comments section below.