Indian Bitcoin Exchange Unocoin Raises $1.5 Million
Indian bitcoin exchange startup Uncoin has raised $1.5m in a new funding round.
Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.
Blockchain, the provider of the world's most popular bitcoin wallet, has partnered with Indian cryptocurrency exchange Unocoin.
Police in the Indian city of Bangalore have seized an ATM just weeks after it was set up by crypto exchange Unocoin.
Users of Unocoin reported that their funds had been stolen over the weekend, prompting the India-based bitcoin exchange to temporarily close.
Indian bitcoin exchange Unocoin has launched a new mobile wallet app.