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One week after Indian cryptocurrency exchange Unocoin announced the launch of its ATM, local police have reportedly seized the machine and arrested two founders of the company, including the CEO. Police say the machine was set up without approval. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Several Items Seized Indian police have seized … Read more
Barely a week after installation, India’s first Bitcoin ATM has been seized by the police. The ATM was installed in one of the country’s most popular malls and facilitated the withdrawal and deposit of Bitcoins. The police also arrested one of the co-founders of Unocoin, the company that had installed the ATM. The country’s crypto … Read more
India: Police have seized a newly-installed Bitcoin ATM and arrested its owner, the co-founder of domestic crypto exchange Unocoin Go to Source Powered by WPeMatico
After experiencing a barrage of bearish pressure over the past few days, Ether has once again garnered fresh market support and crossed the $215 threshold. As can be observed from the chart below, the premier digital asset started its upward ascent early today morning, with the price of a single ETH token scaling all the … Read more
A major crypto exchange in India, Unocoin, has officially announced the launch of its crypto ATMs. CEO Sathvik Vishwanath told news.Bitcoin.com that, initially, the company plans to deploy 30 machines in three Indian cities. “These ATMs help people to cash in and cash out which was not possible before” due to the crypto banking ban … Read more
A major cryptocurrency exchange in India, Unocoin, has confirmed that it is launching crypto ATMs. While a formal announcement has not been made, an image of one of the exchange’s ATMs spreading on social media suggests that the machines support at least five cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Unocoin’s Crypto … Read more
One of the largest cryptocurrency exchanges in India, Zebpay, is shutting down its exchange activities due to the crypto banking ban imposed by the country’s central bank. “At this point, we are unable to find a reasonable way to conduct the cryptocurrency exchange business,” Zebpay wrote. Also read: 160 Crypto Exchanges Seek to Enter Japanese Market, … Read more
The Indian supreme court will hear all petitions against the crypto banking ban by the Reserve Bank of India on Tuesday. News.Bitcoin.com talked to the CEOs of several Indian exchanges to find out what they are expecting from the hearing, trader sentiment, their exchanges’ current trading volumes, and how they see the court’s ruling affecting … Read more
It has been about two months since the crypto banking ban by the Reserve Bank of India (RBI) went into effect. News.Bitcoin.com talked to Sathvik Vishwanath, CEO and co-founder of Indian exchange Unocoin, to discuss the aftermath of the central bank’s ban. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space All Eyes on Supreme … Read more
A growing number of cryptocurrency exchanges in India are adding stablecoins such as trueusd (TUSD) and tether (USDT) to their platforms. They are part of the solutions exchanges have come up with in order to minimize the impact of the crypto banking ban imposed by the country’s central bank. Also read: Yahoo! Japan Confirms Entrance Into … Read more
