ICYMI: Indian crypto exchange Giottus has launched $SHIB deposits India ShibaInu SHIB SHIBArmy
The exchange was launched by entrepreneurs Vikram Subburaj and Arjun Vijay back in 2018. It had a rough start, going live right after the Reserve Bank of India infamously ordered financial institutions to cut ties with companies and individuals dealing with cryptocurrencies.
Giottus was originally supposed to launch as an ordinary spot exchange, but the ban nipped the plan in the bud. Subsequently, the company was forced to start operating as a peer-to-peer exchange. In 2020, the Indian cryptocurrency community scored a major win, with the Supreme Court overturning the RBI ban.
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