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Showing posts from November, 2020

World’s First Crypto-Friendly Branches in India

The Joint Venture of Cashaa and UNICAS, is building the world’s first crypto-friendly financial institution with physical branches and operations in Dec 2020. Open saving accounts with crypto wallets Loan against cryptocurrencies, gold, and real estate Invest in cryptocurrencies, Bonds, and fixed deposits Rapid expansion to over 100 branches by 2022 Buy cryptocurrency with cash in physical branches The JV will enable Cashaa to access The United’s regulatory licenses, its physical branches, and overall banking Infrastructure. This will build, scale and offer customized financial and crypto products for the local Indian markets. UNICAS is enabling people to access traditional banking services along with crypto banking services both online and through its 22 physical branches across north India. The United’s existing branches will be transformed and modernized as Crypto Lounges. Members can walk into any of these branches and get educated about Cryptocurrencies along with other Banking se