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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 […]
The post One-Week-Old Bitcoin ATM Seized In India, Owner Arrested appeared first on NullTX.
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India: Police have seized a newly-installed Bitcoin ATM and arrested its owner, the co-founder of domestic crypto exchange Unocoin
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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 […]
The post Ethereum Price Watch: Currency Makes Impressive Recovery, Stabilizes Around the $220 Mark appeared first on NullTX.
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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 […]
The post 30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking Ban appeared first on Bitcoin News.
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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 […]
The post Major Indian Exchange Unocoin Launching Crypto ATMs appeared first on Bitcoin News.
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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, […]
The post India’s Zebpay Shuts Down Exchange Activities appeared first on Bitcoin News.
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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 […]
The post RBI Ban Hearing in Two Days – What Indian Crypto Exchanges Are Expecting appeared first on Bitcoin News.
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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 […]
The post Major Indian Bitcoin Exchange Discusses the Aftermath of RBI Ban appeared first on Bitcoin News.
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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 […]
The post Stablecoins Gaining Popularity in India to Minimize Central Bank’s Impact appeared first on Bitcoin News.
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“Deposits/Withdrawals Notice,” came the post title from popular Indian cryptocurrency exchange Unocoin this week. “As per orders from RBI,” the exchange explained, “bank INR withdrawals and INR Deposits have temporarily been disabled. Once an alternative method of funding is identified and deployed, we will resume the deposit and withdrawal services.” Also read: Cryptowhispers: DDoS Attacks, […]
The post India Exchange Unocoin Suspends Withdrawals Following Central Bank Demands appeared first on Bitcoin News.
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