Crypto neobank, Cashaa has announced that it has secured a European Crypto License in Lithuania.
Further to the development, Crypto Innovations UAB has also acquired the Cashaa brand to accelerate the development of the CAS ecosystem.
With this development, Cashaa becomes regulated and can continue to provide a more secure ecosystem to the users.
Speaking on the development, Kumar Gaurav, Founder & CEO of Cashaa said, “There have been a lot of speculations across the globe regarding the latest technology products including crypto and blockchain. Cashaa has now secured the license which clears the air for all.”
“We have been putting all the efforts towards offering a secure, and advanced banking experience to the users, and will continue to move in the same direction. As we progress the users will gain more faith in the ecosystem and eventually enjoy the shift to an infrastructure which offers far more efficient operation than the traditional ones,” Kumar further added.