India’s largest digital assets trading company, Koinex, has decided to back down from its struggle to cope up with ambiguous crypto regulations laid out by the Government of India. In the latest post from Medium, Koinex announced the shutdown of its Indian crypto exchange office. Crypto enthusiasts were shocked with the rumor of a crypto ban in India just earlier this month with a screenshot of the “supposed legislative proposal” but the market run was cooled off by level heads and investigative analysis. Short run to a short-lived stardom India’s most popular trading platform, founded in 2017, notched record profits
