30 Crypto ATMs Launching in India — Unocoin Unveils Solution to RBI Banking Ban

A significant crypto alternate in India, Unocoin, has formally introduced the launch of its crypto ATMs. CEO Sathvik Vishwanath advised information.Bitcoin.com that, initially, the corporate plans to deploy 30 machines in three Indian cities. “These ATMs assist individuals to money in and money out which was not doable earlier than” due to the crypto banking ban imposed by the nation’s central financial institution.

Additionally learn: RBI Argues Supreme Courtroom Ought to Not Intrude With Its Crypto Choice

30 Crypto ATMs in three Cities

Unocoin has formally introduced the launch of its cryptocurrency automated teller machines (ATMs). Final week, the alternate confirmed the existence of the undertaking after somebody noticed one of many machines and posted an image of it on social media.

Sathvik Vishwanath, Unocoin’s CEO, revealed to information.Bitcoin.com on Sunday:

The primary ATM can be operational in Bangalore tomorrow…Within the first part we plan to deploy 30…

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