Unocoin atm
Some images and videos of Unocoin, one of India's cryptocurrency exchanges, leaked shows that the company might be on the verge of launching Cryptocurrency and Bitcoin ATMs in India. The leaked photo of the ATM shows that Bitcoin, Ripple, Ethereum, Bitcoin Cash and Litecoin can be transacted through the ATM. One such video is: Central Crime Branch sleuths seized a teller machine, two laptops, a mobile, three credit cards, five debit cards, a passport, five seals of Unocoin company, a cryptocurrency device and Rs 1.8 lakh My Visit to Unocoin ATM. This video is all about Unocoin ATM set up in Bangalore recently. The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies on the grounds of it being "illegal" as it was set up without any government approvals, The Times of India reports October 24, 2018.. Unocoin Co-Founder in Custody. Harish BV, the co-founder of Unocoin Technologies, was arrested by the cyber crime police on October 23, 2018.
Unocoin Bitcoin ATM Arun Jetly, India's Finance Minister, in his 2018-2019 budget speech had clearly stated: "The government does not consider Cryptocurrencies legal tender and will take measures to eliminate the use of these crypto assets in financing illegal activities."
Unocoin put an ATM at a Bangalore mall in which customers can deposit rupees without a charge or financial institution card for their trade balances. In Mumbai and Delhi, a more ATMs will start in the forthcoming weeks. In its latest announcement published October 14, crypto exchange Unocoin has introduced its first Bitcoin ATM in Bangalore, with plans of launching a network of more ATMs across Mumbai and Delhi in the following weeks. Founded in 2013, the Bengaluru-based digital trading platform has since grown exponentially and now has a customer base of over 1.2 million. The cryptocurrency ATM is the first of its kind in India, they've previously existed abroad. It's been launched by local crypto exchange Unocoin, and meant exclusively for their customers to withdraw or deposit cash. Unocoin and Unodax customers can deposit and withdraw Indian currency from the ATM. The ATM allows users to deposit cash into their Unocoin accounts, which can be used to buy cryptocurrencies, and also withdraw their cryptocurrency assets in Indian rupees. The first ATM has been deployed in Bangalore, and the company says that it'll deploy ATMs in Mumbai and Delhi in the coming weeks.
The Truth Of Unocoin's Cryptocurrency ATM and the Arrest ...
The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies on the grounds of it being "illegal" as it was set up without any government approvals, The Times of India reports October 24, 2018.. Unocoin Co-Founder in Custody. Harish BV, the co-founder of Unocoin Technologies, was arrested by the cyber crime police on October 23, 2018. Just days after cryptocurrency exchange Unocoin installed India's first Bitcoin ATM in Bengaluru, the city's cyber crime police seized the kiosk and arrested the company's co-founder Harish BV on charges of running the business "outside the remit of the law," multiple local media sources revealed on Wednesday. Though the Unocoin may have met the minimum requirements to set up an ATM such as an "Any nonbank entity which has a minimum net worth of Rs. 100 Cr. can apply for white label ATM". The RBI would not have granted permission to set up an ATM, which fulfill the Payment and settlement of INR to deal cryptocurrency.
Bengaluru: The co-founder of Unocoin, engaged in banned cryptocurrency exchange, has been arrested, days after he launched a Bitcoin ATM kiosk at a mall in Bengaluru in violation of RBI norms
The local police have confiscated the recently launched Bitcoin ATM in India by Unocoin Technologies on the grounds of it being "illegal" as it was set up without any government approvals, The Times of India reports October 24, 2018.. Unocoin Co-Founder in Custody. Harish BV, the co-founder of Unocoin Technologies, was arrested by the cyber crime police on October 23, 2018. Just days after cryptocurrency exchange Unocoin installed India's first Bitcoin ATM in Bengaluru, the city's cyber crime police seized the kiosk and arrested the company's co-founder Harish BV on charges of running the business "outside the remit of the law," multiple local media sources revealed on Wednesday.
Unocoin To Soon Launch India’s First Crypto ATM
Unocoin is Universal. Mobile & Desktop. iOS & Android. You can install the Unocoin app on your mobile devices. It is compatible with iOS and Android operating