Bybit Temporarily Restricts Services in
Bybit, one of the leading cryptocurrency exchanges, has announced a temporary restriction on its services in India, citing regulatory challenges.
Zuz Protocol is a decentralized finance (DeFi) protocol designed to offer a range of financial services like lending, borrowing, and trading within the cryptocurrency space. It operates on the Ethereum blockchain and allows users to interact directly with smart contracts without the need for intermediaries like banks or traditional financial institutions.
The protocol utilizes a system of governance tokens called ZUZ tokens, which allow holders to participate in decision-making processes related to the protocol. This includes voting on proposed changes or updates to the protocol, as well as participating in the distribution of fees generated by the platform.
Zuz Protocol aims to provide users with greater control over their financial assets and transactions while promoting transparency and security through the use of blockchain technology. By eliminating the need for intermediaries, users can access financial services more efficiently and at lower costs, making DeFi more accessible to a wider audience.
Bybit, one of the leading cryptocurrency exchanges, has announced a temporary restriction on its services in India, citing regulatory challenges.
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