This would be an interesting move in the India's blockchain space. Thanks a lot @firepower for constantly bringing the latest news about Blockchain and Crypto for us Steemians especially from India. This is indeed a crazy move by Unocoin. Would love to get my hands on this ATM. ;)

If it happens then it would really be a great step but above all when will the hearing from court gets over that matters a lot.

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It is a very exciting news for Indian steemians. Thank you @firepower for providing this update.

I really admire India 🇮🇳 and their courage not just in science and technology but also in crypto and blockchain business.

Let’s see how it’ll work and how Unocoin will obtain cash to load those machines.

We’ll be at lookout for the next update @firepower.

This is @maxdevalue

Wow,its so exited.If this will possible ,every thing will be all right too.Besides  being banking ban,this exchange wants to bring this revolution in india,heads off to their bravery and great efforts.Thanks for sharing such a good news,best wishes dear.

There isn't any official statement from unocoin regarding this though. 

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Good news it is.

That's great for india

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I can't believe this is Bitcoin exchange is as a ATM real in India.
 that's good news for Indian thanks for sharing this news update.
Lots of  Thanks for sharing this upcoming updates.

Whoa !
Bangalore Rocks !
Thanks to Unocoin.

Talk to them to Add Steem / SBD

I am thinking that if and when it is run successfully in India, other countries may do. Good news.

Wow this is really exciting @firepower. We have a snacks vending machine in our office. There are many payment options available where most of the people use Paytm as the payment mode. 

Today I was thinking what if there was an option to pay using cryptocurrencies. From your post, I can see that it is not too far. Hoping to see some positive news about cryptocurrencies soon in India. 

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This is really a great move by Unocoin.

@firepower, Yes, specially yesterday this news was highlighting one because many went on to tweeter and approached **Unocoin** to know the truth and in response answer is, this picture is absolutely true, but in my opinion it's not clear how everything will going to work.

And yes, after **Zebpay** now **UNOCOIN** is number one **Indian Cryptocurrency Exchange**. And in this rough phase if **UNOCOIN** is coming up with something like this and if it will work then in my opinion it's an boost. And why i am calling it an boost because, when one service establish into the market, inturn many get the **Inspiration** and they also start it and this will going to give the boost to **Crypto Enthusiasts**.

Now i am waiting how everything will move because, personally i use the **Services** of **UNOCOIN** and they are up to the mark with their work so, i am hoping that they will going to come up with something unique.

Wishing you an great day and stay blessed. 🙂

I really wish that this happen soon so that more people can trust on it and enter the cryptocurrencies because this is the future of money.

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When Bangalore meetup?

[Day 907 or something before going back to Switzerland](https://steemit.com/diary/@jonmaim/day-907-or-something-before-going-back-to-switzerland)

I highly doubt it. It is close to impossible for Unocoin to install bitcoin ATMs while there is ban on bank’s relation with crypto exchanges. It would be a miracle if they can install the ATMs at the month end.
Thanks for updating us.

Great news!

I was not aware of Unocoin's plans for crypto to fiat conversion through this machine. ...I still doubt it. But if it comes true, this will be the first machine to do this in India.

Otherwise, the credit for installing first Bitcoin Teller Machine in India goes to Digital Assets LLP that [installed it in Delhi](https://coinatmradar.com/bitcoin_atm/4545/bitcoin-atm-lamassu-delhi-3m-car-care/) some 5 months back. But this machine can only convert Fiat to Crypto and not vice-versa. And it works with BTC, BCH & ETH only.

Since Digital Assets said that Unocoin is putting this machine after discussion  with them, I assumed that it would also be fiat to crypto only. But who knows, good times are coming!

Fingers crossed

If this happens, it would be a game changer for the cryptocurrency market in India that would open the new doors of possibilities.

I read from a news site about this ATM. They have written that 
" RBI has ruled earlier this year that financial institutions associated with RBI are not permitted to deal with cryptocurrencies. However, ATMs are a part of any financial institution with RBI."

Unocoin might have done great research before bringing this ATM. Hats off to Them. 

But how the RBI is going to handle this?  Let's wait and see.