Since the lifting of the Indian crypto ban and the ban, the local cryptocurrency trading volume has been increasing

According to CoinDesk, since the Supreme Court of India lifted the ban on encryption by the Bank of India, local exchange activity has gradually warmed up. Ashish Singhal, founder and CEO of CoinSwitch, said: “Since the Supreme Court ’s ruling provided transparency, the volume of exchange transactions for Indian customers has increased significantly.” Crypto banking service platform Casha India noted that 48 hours after the decision was announced Inside, its platform trading volume surged by 800%. Cashaa CEO Kumar Gaurav also said: "In the first 24 hours, the transaction volume of our platform reached more than 600 BTC." On March 24, India began a ban to combat the new coronavirus epidemic, but the traditional market sell-off And the ban did not prevent Indians from getting involved in cryptocurrencies.