RATE Group | Cashaa Launches USD Bank Accounts for Cryptocurrency Business Firms
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Cashaa Launches USD Bank Accounts for Cryptocurrency Business Firms

16 Nov Cashaa Launches USD Bank Accounts for Cryptocurrency Business Firms

Posted at 12:45h in Cryptocurrency News by

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Serving as one of the best banking platforms for fiat as well as digital currencies, Cashaa has announced that it will soon support U.S dollar bank accounts designed specifically for cryptocurrency-based businesses. The Bitcoin banking giant has clarified that the facility will be provided to an array of entities excluding those working in the sanctioned countries.

The platform affirmed that the U.S based customers would get the opportunity to apply for USD accounts from November 25, 2019. Cashaa has collaborated with Metropolitan Commercial Bank-a New York-based banking solution, for the execution of this strategic project.

The U.S Dollar bank accounts will be facilitated by automated clearing house and limitless SWIFT access. The customers will have to make a one-time setup fee of 250,000 CAS, Cashaa’s native digital currency. Similar to U.K account holders, the U.S dollar account holders will also be able to enjoy convenient access to the platform’s multisig wallet and…

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