ZebPay, initially an Indian-based cryptocurrency exchange which was forced to shut-down their services in India, now has come out with an announcement that they now accept Bitcoin Lightning Network payments. Zebpay customers now will be able to use their Bitcoin to make instant transactions. Primarily this is meant for all the Bitcoin enthusiasts who want to spend their Bitcoin like regular cash.
Regulatory issuesEarlier we reported that during the September of 2018, Zebpay needed to shut down their Indian services because of regulatory issues. This was the outcome of the all-out Indian ban on cryptocurrencies by the Reserve Bank of India. But now the company has successfully found a new place to reside – Malta. Within Malta, they can continue operating with their services. However, the company took a heavy hit because of this particular issue and went from $5 million in trading volume to around $17,000 at the moment, judging by coinmarketcap.com. Additionally, they only have two active trading pairs – BTC/EUR and XRP/EUR.
To find out what services ZebPay Lightning Network will offer, read our latest article:
https://bestcoininvestments.com/zebpay-launches-btc-lightning-network-payments/Do you think ZebPay can get their share of the market back by launching Lightning Network payments?
