Indian crypto exchange ZebPay applies for license in Singapore Bloomberg

Indian crypto exchange ZebPay is seeking a license in Singapore as crypto companies at home continue to face pressures. ZebPay is an eight-year-old cryptocurrency exchange that enables its users to trade more than 100 different tokens and earn yields through lending selected cryptocurrencies. In an interview with Bloomberg, CEO Avinash Shekhar said the company had applied for a license in Singapore and is weighing a similar move in the United Arab Emirates. The new taxes have had a knock-on effect on the daily trading volumes at companies such as ZebPay.