HashCash Consultants is planning to invest $10 million in the Indian Crypto industry

Global blockchain company HashCash Consultant is planning to invest 10 million USD in the recently restored Indian crypto industry this year. The Supreme Court of India had lifted the banking on the crypto industry this week.

HashCash Consultants is the parent company of the US-based crypto exchange PayBito. The firm has a history of investing in local crypto and blockchain enterprises all over the world. The global blockchain company plans to invest 10 million USD in the blockchain and crypto industry in India in 2020. 

 

HashCash Consultants welcomes the Supreme Court’s decision.

Raj Chowdhury, the CEO of HashCash Consultants, commented, “I would say that it’s better late than never. This is a historic judgment by Supreme Court that puts India back in the global crypto map. The restoring of cryptocurrency activities has opened up entire geography, for new collaborations and ventures for the global players, forecasting prospects for the crypto industry and the Indian economy at large.”

 

Blockchain company is planning to expand to Africa, UAE, and India.

According to the press release, currently, the company is focusing on expanding the network in Africa, UAE, and India. The CEO of the firm also said that with the crypto market displaying bullish trends, this decision could not have come at a better time. HashCash is looking forward to boosting the Indian economy by expanding operations, offering technology & infrastructure, and incubating startups in the region,” he added. 

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Jai Pratap
Jai Pratap
A Mass Media Graduate who loves to write. Jai is also a sports enthusiast and a big movie buff. He loves to learn new things.

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