Indian cryptocurrency exchange Coinome is shutting down

Another setback news for the cryptocurrency investors in India, Coinome, the Indian cryptocurrency exchange has to pull down its shutters in India. It was backed by Billdesk the online payment gateway. Coinome announce on May 9, that it is going to halt its operations from May 15. The company hasn’t mentioned any details on the halt and is currently unclear why they are shutting down. It is also unclear that they will completely exit the Indian market or is it just a temporary move.