HashCash Plans to Invest $10 Million in the Indian Crypto Industry

News / 08.03.2020

HashCash Consultant is thinking of investing $10 million in the Indian blockchain and cryptocurrency economy.

The announcement came after India’s Supreme Court verdit on cryptocurrencies, which lifted the ban imposed on them by the RBI.

HashCash’s CEO, Raj Chowdhury on Investing in India’s Crypto Industry 

According to Raj, India’s Supreme Court verdict is a historic judgement that put India back in the global map. He said that the reinstating of crypto activities paved the way for an entire geography, for fresh partnership and ventures for the global players.

Additionally, Raj said that with the crypto market displaying bullish trends, their decision to invest in India is valid. HashCash Consultants looks forward to boosting the Indian economy, and expanding operations and nurturing startups in the country.

About HashCash Consultants

HashCash Consultants is the parent company running a US-based  digital asset exchange, Paybito and digital asset payment processor, BillBitcoins. The company provides exchange and payment processor software solutions, ICO services and other customized use cases.

Additionally HashCash has a strong network of partners across the world including global banks and financial institutiond. The company is currently planning to focus its network expansion in Africa, India, and UAE.

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Sudarshan M is a long time crypto-enthusiast. Pulled in by bitcoin early on, it did not take long for Sudarshan to divert all of his academic attention from business studies to blockchain by doing his Masters and eventually pursuing his PhD in the subject.