[2016-12-15] ToI: Note ban: Zebpay, Unocoin & Coinsecure see surge in new users

Note ban: Zebpay, Unocoin & Coinsecure see surge in new users willing to experiment with bitcoin

http://timesofindia.indiatimes.com/business/india-business/note-ban-zebpay-unocoin-coinsecure-see-surge-in-new-users-willing-to-experiment-with-bitcoin/articleshow/55993995.cms

For bitcoin startups in India, the festival season began in November with Prime Minister Narendra Modi and US President-elect Donald Trump bearing early Christmas gifts.

In the past month, the country's three funded bitcoin trading platforms — Zebpay, Unocoin and Coinsecure — have registered a surge in new users willing to experiment with the cryptocurrency as an alternative asset class. Amajority of the users are millennials, of ages 18 to 35.

This new fondness for bitcoins traces a cascade of global uncertainties that began with the British referendum in June to exit the European Union and leading to a weak Chinese yuan, Trump's win and Modi's crackdown on untaxed money.