Crypto banking platform Cashaa has unveiled plans to expand its services in India, the U.S., Africa, and the Caribbean. In India, the company aims to create “the first crypto-friendly banking platform” that is regulated by the central bank, the Reserve Bank of India (RBI), Cashaa’s CEO has shared with news.Bitcoin.com.
Cashaa Unveils Expansion Plans
London-based crypto-friendly banking platform Cashaa has unveiled its expansion plans, having raised $5 million from Dubai-based blockchain investment and advisory firm O1ex. “As a part of its expansion plans, Cashaa is set to launch its global banking services,” the company announced Wednesday.
Cashaa CEO Kumar Gaurav told news.Bitcoin.com: “At the onset, we are looking at fast-maturing markets such as India, which has tremendous potential in terms of not only having a sturdy economic base but a healthy banking and financial ecosystem backed by technology. A market that has the potential of adding 100 million users within the next 2 years.”
He noted that in India Cashaa is…