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The bank will offer traditional banking, buying and selling of crypto, and loans against crypto.
Unicas aims to open 13 more physical crypto banking branches before the end of January 2021.
Per Cashaa’s CEO, adopting new technologies is key to building Tier 1 and Tier 2 cities.
Unicas, a joint venture between Cashaa and the United Multistate co-op society, has rolled a physical crypto bank branch in Jaipur, India. The Cashaa team unveiled this bullish news through a blog post on December 29, noting that the physical bank branch is located at C-52, Keshav Enclave, Janpath, Lal Kothi, Jaipur, 302015, Rajasthan. Through this launch, Unicas has become the first organization in the world to open a physical crypto bank.