Bitcoin Exchange Unocoin Releases Mobile Wallet for iOS and Android
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Indian bitcoin exchange Unocoin has launched a new mobile wallet app.
The launch comes roughly two months after Unocoin closed a $1.5m funding round backed by both domestic and international investors. Unocoin had previously raised a smaller seed round in mid-2014.
Co-founder Abhinand Kaseti said in a statement:
“More than 300 million use their phones regularly for accessing the Internet. This trend is expected to go up by 56% per year.”
The release follows a controversial move by the Indian government to ban high-value cash denominations, an act that has sparked protests.
Some observers have suggested that the move has spurred interest in bitcoin among domestic buyers, with local exchanges trading at a premium compared to the international market.
Via;http://www.coindesk.com/bitcoin-exchange-unocoin-releases-mobile-wallet-ios-android/
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