According to the report of local media The Times of India, Indian police force has raided an ATM operated by local cryptocurrency exchange Unocoin that was established one week ago.
Harish BV, co-founder and chief technology officer of the Unocoin exchange, was arrested on Tuesday for operating the ATM which was placed in a shopping mall
Unocoin was one of the several cryptocurrency exchanges in India that have passed a bank ban issued early this year by the county’s central bank Reserve Bank of India (RBI),
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