Following the central bank's crypto ban, Indian exchange Belfrics has restarted trading. This move has caused quite a stir in the cryptocurrency market. Belfrics' decision is not only a response to the central bank's policy, but also an expression of confidence in the prospects of the cryptocurrency industry. Let's take a deep look at this incident and interpret its meaning from multiple perspectives.

First, let's review the central bank's ban on cryptocurrencies. The central bank's previous ban strictly restricted the circulation and trading of cryptocurrencies in India. This policy has severely hit the local cryptocurrency market and put many exchanges in trouble. However, Belfrics' choice to restart trading in such an environment is undoubtedly a manifestation of courage and determination. They firmly believe that cryptocurrencies have great development potential and are willing to take risks to re-enter this field.

In addition, Belfrics' restart will also bring new vitality to India's cryptocurrency market. As a country with a large population and a rapidly developing economy, India has huge market potential. Cryptocurrency, as a global digital asset, will have the opportunity to flourish in the Indian market. The restart of Belfrics will attract more investors and traders to participate in the cryptocurrency market and promote the further development and growth of the market.

In general, the restart of Belfrics is an expression of confidence in the cryptocurrency industry and a response to the central bank's policies. Their move will inject new vitality into the cryptocurrency market and promote the development and growth of the industry. With the continuous advancement of technology and the continuous improvement of the market, cryptocurrency will surely play an increasingly important role in the future, and the restart of Belfrics is undoubtedly a strong confirmation of this trend. I hope that in the near future, we will be able to see more cryptocurrency companies flourish and make greater contributions to the transformation of the global financial system.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

On June 27, due to the cryptocurrency trading ban issued by the Reserve Bank of India, many Indian exchange accounts were suspended. Belfrics, one of the affected exchanges, announced on Tuesday that it would restart cryptocurrency trading and add four new tokens: Bitcoin Cash, Ethereum, Ripple and Litecoin.

Previously, Belfrics only supported Bitcoin trading, and now the exchange plans to add 20 tokens in the next six months. Belfrics Group CEO Jabeer
KM said that India is an important market for cryptocurrency trading, and Belfrics may attract at least 2.5 million new users in the future.

Belfrics was founded in 2014 and is headquartered in Kuala Lumpur, Malaysia. The group has also opened exchanges in India, Singapore, Bahrain, Kenya, Nigeria and Tanzania. Starting this month, the exchange supports currency-to-currency trading.

Belfrics' restart is not only a business decision, but also a trust in cryptocurrency technology. Cryptocurrency, as an emerging financial technology, is gradually changing the landscape of the traditional financial industry. With the continuous development and improvement of blockchain technology, the security and convenience of cryptocurrency have been further improved. Belfrics believes that cryptocurrency will become an important part of the future financial system, and their restart action is a foresighted layout for this future.