ZebPay Acquires New Name And Registers An Office In The Blockchain Island Of Malta

Since regulation is yet again the center of all crypto news worldwide, the largest Indian exchange that has shut down all services in India now opens a new office in the blockchain island of Malta.

As it turns out, the unfriendly regulatory climate in India wasn’t so bad after all for this major crypto exchange. Malta is the best places for all crypto ventures, businesses, and crypto enthusiasts. This is why Zebpay decided to move all of its operations here.

By registering in Malta, Zebpay will serve more than just the citizens and residents of this island but also will provide services for all European countries. According to their website, Zebpay lists all of the countries whose residents and citizens are eligible to use this exchange. Major EU countries such as France, Italy, Ireland, Denmark and Sweden, and their citizens, can use the services provided by Zebpay.

Zebpay is now going under its new name Awlencan and they announced:

 “For all intents and purposes, Zebpay shall mean and include below – Awlencan Innovations Malta Limited [C-88318], a Maltese Registered Company with Office Address situated at: 48, Triq Stella Maris, Sliema, SLM 1765, Malta, which owns and operates the ‘Zebpay’ VFA Exchange Platform in Malta, hereinafter referred to as “Awlencan” or “Zebpay” or “company”…”

Last month, the exchange giant shut down all operations in India because of the ban by the Reserve Bank of India. At that time, Zebpay was operating more than three years and in that time managed to acquire more than three million users.