TTwo co-founders of Unicoin, engaged in banned crypto currency exchange, have been arrested, days after their firm launched a Bitcoin ATM kiosk at a mall here in violation of RBI norms, police said Wednesday.
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Two businessmen held for setting up Bitcoin ATM in Bengaluru - The Economic Times
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Bitcoin ATMs are really starting to spread throughout the world. They are only a few right now but they are growing globally. In another couple years they will be normal.
more atms are great for the space,
but what these guys did was foolish,
they setup an atm in a mall without license or permission,
now they face punishment by the RBI.