Topic: UNOCoin co-founder arrested for installing crypto ATM in India - page 2. (Read 294 times)
India seems not only being a crypto hater, but also trying to go back to stone age - feel sorry for that government.
It seems like, Indian government is more keen to set up temples instead of paving the way towards technology adoption. Just few days back, UNOCoin installed a crypto ATM in Bengaluru Kemp Fort Mall to provide a method to transact in cryptos without using the bank accounts. Now the co-founder of UNOCoin Harish BV is arrested by Police for the reason that the ATM didn't receive any government approval.
Central Crime Branch 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 ($2,460).
News source: https://timesofindia.indiatimes.com/city/bengaluru/1st-bitcoin-atm-in-bengaluru-seized-co-founder-held/articleshow/66340493.cms
Indian government is slowly showing their hostile nature against cryptocurrencies!
Central Crime Branch 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 ($2,460).
News source: https://timesofindia.indiatimes.com/city/bengaluru/1st-bitcoin-atm-in-bengaluru-seized-co-founder-held/articleshow/66340493.cms
Indian government is slowly showing their hostile nature against cryptocurrencies!
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