Indian Crypto Exchange Cryptokart Shut Down Trading Services

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Indian Cryptocurrency Exchange Cryptokart shut down his trading services announced by the founder Gaurang Poddar on the LinkedIn.

“We’ve decided to shutdown Cryptokart. While its difficult, given the hard work we’ve put in, its been a great experience and I’m glad to have gotten to work with such a talented and passionate team, and proud of the platform we’ve built. ”

– Founder of Cryptokart, Gaurang Poddar

Poddar also said that if someone interested in launching their own exchange then he/she can contact him. He also reported that he is searching for opportunities in product management.

Before Cryptokart, One of the top Indian Crypto Exchange firm Koinex to stop functioning and close its operation due to a lack of banking support and rising regulatory uncertainty in the country reported in June.

Last month a draft bill introduced in order to ban cryptocurrencies in India which will be held in parliament for hearing soon.

Big News –  Iran announced a national cryptocurrency that is backed by gold.

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