India, despite its slow adoption of Web3 technologies and services, has emerged as a region of focus for several companies working around cryptocurrencies, metaverse, and NFTs. In a fresh development, UK-based crypto wallet firm Cashaa has announced the expansion of its services to India and other locations that include Turkey, Indonesia, Kenya, South Africa, as well as the UAE. The platform, that already works in Europe, will be made available across these new regions starting June 2024.
This expansion for Cashaa services will allow more members of the crypto community to purchase, spend, and hold digital assets in its secure ecosystem. Among other services, the platform will also allow users to procure fiat loans against their crypto deposits. Through its services and broader geographical expansion, Cashaa is aiming to stir more engagement around its native token called CAS. Founded in 2016, the company is especially boastful and proud about its security system.
“Cashaa has facilitated the movement of millions of dollars for crypto businesses without facing any security…