Shiba

Shiba Inu

MN Coin

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Сryptocurrency exchange Flitpay has <a href="https://twitter.com/flitpayofficial/status/1748679263291912393" rel="noopener noreferrer nofollow">announced</a> the addition of Shiba Inu (SHIB) to its trading platform.
Established in 2017 by a team of tech enthusiasts from various Indian engineering colleges, Flitpay has quickly risen to prominence in the cryptocurrency exchange market.
<h2 id="india-s-rising-star">India's rising star</h2>
Flitpay's journey began with the vision of making cryptocurrency accessible to the common people of India. Over the past five years, the exchange has executed transactions worth $42,786,811 daily and has expanded its operations to over 133 countries.
With a team of 30 employees, Flitpay has achieved a 4.4-star rating and over 1 million downloads.
The platform is committed to educating its users about the benefits of cryptocurrency and aims to become a robust, scalable and user-friendly exchange.
This commitment is evident in the recent inclusion of SHIB on their platform, following the successful launch of <a href="https://u.today/shiba-inu-bone-jumps-11-as-shibarium-sees-explosive-transaction-rise" rel="noopener noreferrer nofollow">BONE</a>, another token from the SHIB ecosystem, last year.
<h2 id="india-s-new-crypto-crackdown">India's new crypto crackdown</h2>
While Flitpay is making strides in expanding its offerings, the broader Indian cryptocurrency market faces a challenging regulatory environment.
The Indian Financial Intelligence Unit (FIU) recently issued compliance show-cause notices to several prominent offshore cryptocurrency platforms, including Binance, Kraken, KuCoin and Huobi, for operating illegally in the country.
This crackdown is part of a wider effort by the Indian government to bring cryptocurrency exchanges under the Anti Money Laundering (AML). As a result, the URLs of nine cryptocurrency exchanges have been <a href="https://u.today/india-cracks-down-on-binance-huobi-and-other-top-crypto-exchanges" rel="noopener noreferrer nofollow">blocked</a>, affecting a substantial portion of Indian users who engage with these platforms.
For Indian cryptocurrency traders, the current situation underscores the importance of using FIU-compliant platforms like Flitpay.

Shiba Inu (SHIB) Now Supported by This Indian Crypto Exchange

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