Koinex's inability to operate in India is not the acceptance of digital currency by its people, why is it that people are still afraid to adopt it, but it is legal in many countries
Can anyone tell?
Based on the information that I have gathered, Koinex shutdown due to regulatory problems conflicting with their government's views. Even if people in India support and adopt the use of cryptocurrencies in their daily lives, the exchange had to comply with the strict implementations that ultimately led to their shutting down.
I just hope that despite this, people in India would not feel dismayed about this. Though this may be the case, they can still utilize and use different exchanges available that is outside their country.