{"id":29822,"date":"2020-10-08T18:45:03","date_gmt":"2020-10-08T15:45:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29822"},"modified":"2025-08-27T19:07:40","modified_gmt":"2025-08-27T16:07:40","slug":"cashaa-to-launch-crypto-friendly-internet-bank-in-india","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cashaa-to-launch-crypto-friendly-internet-bank-in-india\/","title":{"rendered":"Cashaa to launch crypto-friendly internet bank in India"},"content":{"rendered":"

The British fintech company Cashaa announced a solution that will give cryptocurrency holders in India full access to banking services. Cointelegraph<\/a> reports this.<\/p>\n

At present, the platform collaborates with large Indian companies. The launch of Cashaa India’s crypto-friendly internet bank will broaden its customer base to individuals.<\/p>\n

Founder Kuman Gaurav said that with the service they will be able to open savings accounts, make cryptocurrency deposits, store and withdraw funds.<\/p>\n

\n

\u201cFor lending, we will add a class of crypto assets along with gold and real estate as collateral,\u201d Gaurav said.<\/p>\n<\/blockquote>\n

According to him, Cashaa India will start operating in 2021. In the first phase, the bank will focus on three key states, from which it will expand further.<\/p>\n

Reports of plans by Indian authorities to ban<\/a> cryptocurrency trading, Gaurav regards as speculation. He believes that regulatory requirements will not hinder the internet bank from serving users.<\/p>\n

Cashaa operates the eponymous cryptocurrency exchange. In July its own token CAS fell almost 40% after news of the hacking of one of its Bitcoin wallets.<\/p>\n

Subscribe to ForkLog news on Telegram: ForkLog FEED<\/a> \u2014 the full news feed, ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"

The British fintech company Cashaa announced a solution that will give cryptocurrency holders in India full access to banking services. Cointelegraph reports this.<\/p>\n","protected":false},"author":1,"featured_media":29823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1229,278],"class_list":["post-29822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-banks-and-fintech","tag-india"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=29822"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29822\/revisions"}],"predecessor-version":[{"id":29824,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29822\/revisions\/29824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/29823"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=29822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=29822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=29822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}