{"id":144092,"date":"2020-12-30T13:43:24","date_gmt":"2020-12-30T10:43:24","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/indian-crypto-bank-opens-physical-location-eyes-100-branches-by-2022\/"},"modified":"2020-12-30T13:43:24","modified_gmt":"2020-12-30T10:43:24","slug":"indian-crypto-bank-opens-physical-location-eyes-100-branches-by-2022","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/indian-crypto-bank-opens-physical-location-eyes-100-branches-by-2022\/","title":{"rendered":"# Indian crypto bank opens physical location, eyes 100 branches by 2022"},"content":{"rendered":"<p>&#8220;<strong># Indian crypto bank opens physical location, eyes 100 branches by 2022 <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMTIvMjZhMWI2NTktZTNmZi00ODllLWIxNjUtZjgyMmUxMmQxZGFiLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>Unicas, a joint venture between Indian online crypto banking platform Cashaa and United Multistate Credit Co-op Society has <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/cashaa\/unicas-opens-worlds-first-physical-crypto-banking-branch-in-jaipur-india-d0722e2ae514\">launched<\/a> a physical crypto bank branch in Jaipur, India.<\/p>\n<p>Back in October, Multistate announced plans to offer both online and physical crypto banking services across its 34 locations in northern India.<\/p>\n<p>Users will be able to access both fiat and crypto-asset services at the bank. Unicas will also provide instant digital loans with cryptocurrencies as collateral.<\/p>\n<p>According to a Cashaa blog post on Dec. 28, the physical crypto bank branch in Jaipur is part of an initial roll-out in 14 locations across three states before the end of Jan. 2021. The Unicas JV is also working towards establishing a total of 100 branches by 2022.<\/p>\n<p>For Unicas CEO Dinesh Kukreja, the establishment of physical crypto bank branches will allow the company to offer customized crypto investment products to the local Indian market. With a Unicas savings account, customers can transact in both virtual currencies and Indian rupees.<\/p>\n<p>Commenting on the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>, Cashaa CEO Kumar Gaurav described the move as a necessary development in the march towards establishing a \u201cdigital India.\u201d Gaurav also revealed that Unicas will showcase the convenience and security associated with blockchain adoption.<\/p>\n<p>Despite regulatory uncertainty, crypto adoption in India is on the rise, especially in the peer-to-peer trading arena. Meanwhile, the government is reportedly looking towards imposing taxes on Bitcoin transactions.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/indian-crypto-bank-opens-physical-location-eyes-100-branches-by-2022\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Indian crypto bank opens physical location, eyes 100 branches by 2022 &#8221; Unicas, a joint venture between Indian online crypto banking platform Cashaa and United Multistate Credit Co-op Society has launched a physical crypto bank branch in Jaipur, India. Back in October, Multistate announced plans to offer both online and physical crypto banking services&#8230;<\/p>\n","protected":false},"author":1,"featured_media":144093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2020-12\/26a1b659-e3ff-489e-b165-f822e12d1dab.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74888,74889,117,17318],"class_list":["post-144092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-banking","tag-payments","tag-business","tag-india"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/144092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=144092"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/144092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/144093"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=144092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=144092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=144092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}