CoinDCX Indian exchange planning to spread globally in 2022. As per reports, Indian authorities have not yet applied any restrictions on crypto firms on introducing new offers
The CoinDCX Crypto Exchange Planned To Expand Worldwide In 2022:
Currently, the uncertainty about crypto regulations in India is not stopping any Indian crypto exchange from introducing offers worldwide.
CoinDCX is India’s largest crypto exchange, which provides people the facility of cryptocurrency trading easily.
CoinDCX Indian Exchange Planning Of Leveling Up:
According to the executive of CoinDCX, they are working to spread its footprint in the global market with their global crypto- to- crypto trading platform, specifying Cosmex.com.
Ramalingam Subramaniam is the head of brand marketing and communications of the CoinDCX crypto exchange. he told the important goal behind the plan of the global expansion of the CoinDCX crypto exchange. That, its upcoming platform will target the global audience.
The Indian exchange has made the first announcement about launching Cosmex at the start of 2021. They told about their plan of growing their crypto exchange amongst the global markets, during the increasing worldwide demand and acceptance for cryptocurrency.
Launch of Cosmex Crypto Exchange:
Subramaniam also said that the launch of the Cosmex crypto exchange will arrive by the year 2022. And the first crypto exchanges will start in Western Europe and Southeast Asia.
Then he underscores that Cosmex has “ nothing to do here, especially what is happening in India now.” Rather they are looking to answer the massive demand for crypto services out of India”.
Also, he said that
“CoinDCX is not trying to add to speculation around regulatory uncertainty in India by discussing scenarios where Indian regulators take a strong stance towards the crypto industry.”
Additionally, He highlighted that:
“CoindDCX platform has concentrated on India generally. And set limitations for some countries”.
Analyst Point Of View On Cryptocurrency:
According to some reports, after removing major bans on crypto services in 2020. The Indian authorities are focusing on other restrictions for the crypto industry. Meanwhile, the analysts are hopeful that the Indian government will switch on regulating. Instead of banning digital currency in India. As it supports the growth of the Indian economy.