United Multistate Credit Co. Operative Society of India intends to offer access to crypto-currency products to their clients. In conjuction with financial servicer Cashaa, “UNICAS” will be created as a joint venture in order to provide online & walk in support for 34 branches in northern India. This is exciting to many as just early this year, the Supreme Court of India abolished the ban on crypto banking that was ratified by the Reserve Bank of India. Even without the ban, many banks are still wary of supporting cryptocurrency services in India. UNICAS intends to allow clients to buy currencies like #Bitcoin, #Ethereum, #Ripple, and #Cashaa with cash or from their account.
Reported by CoinTelegraph & CryptoNewsPoint