With over 3 Million client, the exchange platform announced to stop deposits and withdrwawals to rupi and usd due to regulations.
i believe this statement is wrong.
first of all they didn't announce to stop deposits and withdrawals. they announced that this MAY happen.
https://support.zebpay.com/hc/en-us/articles/360001229125-Zebpay-Announcement-Your-Rupee-Withdrawals-Could-Stopand they did it 2 days ago. their bank still works and their withdrawals are still functional also.
second it has nothing to do with USD. it is all about Indian banks and Rupee.