The first office of a cryptobank appeared in India

A physical branch of a cryptocurrency bank appeared in India in December 2020, and by 2022 more than a hundred branches will be opened

Despite the uncertainty over the regulation of cryptocurrencies in India, the local company Unicas has opened an office in the Indian city of Jaipur. The company is the brainchild of the Cashaa and United Multistate crypto platforms.

Multistate management announced its intention to open an office to serve cryptocurrency owners back in October. Then it was reported that customers will be served in 34 offices of the company operating in the north of India. However, it was later decided to launch the Unicas project.

Within its framework, by the end of January, 14 service points will appear in three states of India. At the office of the cryptobank, it will be possible to receive services for maintaining fiat and cryptocurrency accounts, as well as obtain a loan secured by cryptocurrency.