Well-liked Indian-origin cryptocurrency and digital asset exchange Zebpay has declared that it is going down under.
Yesterday, the crypto exchange announced in-country AUD support on its Twitter handle. By doing the aforementioned announcement, the exchange joins exchanges like CoinCorner and Coinbase in supporting the continent.
It is to be noted that Zebpay exchange added Euro currency to their offering in December 2018 and has been speedily adding markets in 2019. Notably, the company was left in a lurch during the Indian crypto ban in September 2018. Nevertheless, the crypto exchange has now expanded into over a hundred markets.
Ajeet Khurana, CEO of Zebpay said that at the beginning of 2019, Zebpay was available in twenty international markets. He added that now, they are adding Australia to their cryptocurrency-family and can gratefully state that they have a presence in over one hundred and thirty-two international cryptocurrency-economies. As per him, this speaks volumes to their community’s ambition. According to Khurana, Australia is an ideal market for Zebpay’s services with its comprehensible position on regulation, thirst for crypto products, and openness to fintech innovation.
Khurana further mentioned that the lucidity of Australia’s regulatory atmosphere made it an attractive country for expansion. It is to be noted that for starting the exchange and to be compliant with the country’s laws, the exchange acquired an AUSTRAC license from Australia’s financial regulatory agency.