Bitcoin in India is a bit of a difficult subject to tackle. Officially speaking, Bitcoin is not banned in India, even though the government and most financial institutions would rather not get involved for the time being. But that doesn’t mean Bitcoin is not popular in the country. And that popularity has not gone unnoticed.
UnoCoin – Bitcoin Wallet and Payment Processor
The name UnoCoin carries a lot of weight in the Indian Bitcoin community. Not just because this company is similar to Coinbase in many ways, but also because it is the most commonly used Bitcoin platform in India. By offering both a wallet service and a merchant payment processing feature, UnoCoin has become synonymous with Bitcoin in that part of the world.
Bringing Bitcoin to customers in India is not an easy task either. Granted, most people have some level of knowledge in terms of the financial world – and also how it is failing on a global scale – but that doesn’t make them a fan of Bitcoin either. However, Bitcoin packs a powerful technology under the hood, which is one of the main reasons India is warming