CASHA has opened an office in Russia as part of its CASHA Foundation.

On October 22, 2024, a significant event in the field of cryptocurrencies took place: the opening of the CASH FOUNDATION division in Russia was announced. 

The company was happy to share its plans on how this division will function: 

* Over-the-counter exchange of liquid assets; 

* Purchase of stocks, bonds and other financial instruments; 

* Financing of Russian cryptocurrency startups; 

* Conducting social, sponsorship and charity activities. 

The press service of CASHA stressed that the opening of the division was made possible thanks to the new legislation in Russia, which contributes to the development of the cryptocurrency sector. This created favorable conditions for the CASHA project and opened up new opportunities for storing financial assets in ruble equivalent on the territory of the Russian Federation. 

"Although the UAE is currently actively supporting cryptocurrencies and companies involved in the development of new technologies, Russia has much greater potential and the opportunity to become a global center of cryptocurrencies," the CASHA company says. 

Dmitry Antonychev, the founder of the CASHA.WORLD cryptocurrency project, has so far refrained from commenting, however, he said that the company has already been registered and work is underway to create a Russian back office. 

The cryptocurrency community of the AskMe social network is already actively discussing the news that if CASHA opens in Russia, it will become the first legal cryptocurrency company that will operate within the framework of new laws adopted in the country.