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RemmitEx Launches its Market Place in over 60 Plus CountriesVirtual Currency has a bright future in India, be more statistical rather than skeptical | ||
Mumbai, Maharashtra, India RemmitEx is a regulated EU financial services company based in Estonia. RemmitEx is focused on meeting the sophisticated needs of institutions, active traders and other trading professionals. RemmitEx offers trading and custody services for Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP) and a lot more. Its Geography is truly Global; they are operating in over 60+ countries but not in India. They work with their banking partners & offers deposits/withdrawals in multi fiat currencies. Cryptocurrency market is still such a young industry and with the correct legislation and regulation, there is a believe cryptocurrencies will become part of our daily lives. The technology behind cryptocurrencies Block-chain, is harnessed by numerous sectors and wouldn’t be surprised if companies create their own cryptocurrencies for internal use to maintain transparency. As technology improves there will be more interest in virtual currencies and block-chain technology and we will see a wider adoption of these in the future. A wide adoption of cryptocurrencies and block-chain technology across the globe also suggest - We need to be more statistical rather then Skeptical.
RemmitEx’s CEO Mr. Karn Dwivedi says, “Trade is not a criminal offence. Most of us trade in various asset classes but Investor protection is an important consideration behind banning trade in cryptocurrencies such as bitcoin in India. Every Technology has their own pros and cons like it was with internet in the early days of its adoption, we don't need to explain what internet means to our lives now. It’s up to RBI & Central governing body to implement the correct framework. Regulators need to design a mechanism that would ensure the funds are not used illegally and the most important thing is the ability to track its source. We will wait for a published draft and defined structure of regulations & framework before we start business operations of buying/selling market in INR to India.” |
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