Indian cryptocurrency exchange Cryptokart announced the closure

On July 17, the cryptocurrency trading company Cryptokart co-founder GaurangPoddar posted on LinkedIn that the company had decided to close its business. Poddar said in the comments: "…People's interest in Indian encryption technology has begun to decline. In addition, because the government will not introduce any regulations, this will make the cryptocurrency gray in a period of time, which will only make any long-term planning become Difficulties.” It is reported that the company was founded in 2017 by Gaurang Poddar and Mihir Modi.