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Very, very dull: What happened to India’s white-hot cryptocurrency market

A chill has set into the cryptocurrency market, especially in India.

Tightening regulation and policy ambiguity have sucked the life out of trading in the past few months, though industry insiders say the phase may be temporary.

“The market is very, very dull,” said Sathvik Vishwanath, co-founder and CEO of Unocoin, a bitcoin exchange.

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