Synopsis
With a new top management, a favourable regulatory environment and a bull run, things are looking up for cryptocurrency exchange ZebPay, which resumed its India operations recently. However, the country’s crypto landscape has changed with new players, who were just starting out when the RBI ban happened, dominating the market now. Can ZebPay regain its lost glory?
In 2018, ZebPay was one of the first Indian cryptocurrency exchanges to shut its domestic operations. Many others followed suit after the Reserve Bank of India (RBI) banned the country’s banks from dealing with cryptocurrency startups. While it was shocking to see ZebPay, one of the largest exchanges back then, throw in the towel early in the regulatory fight against the RBI, it was equally surprising to see it make a comeback with a new
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