The issuer of the stablecoin CASHA opens a division of the CASHA FOUNDATION in China

Today, on 10/27/2024 at 21:00 Moscow time, at the regular Askme session, Director and founder of CASHA Dmitry Antonychev gave the first comments on plans for November 2024, announcing the launch of the CASHA FOUNDATION division in China

Dmitry Antonychev shared that this division will specialize in the following functions:

Over-the-counter exchange of liquid assets

Purchase of shares, bonds and other financial instruments

Financing of Chinese Cryptocurrency Startups

Social, sponsorship, charitable activities

The press service of CASHA stated that the company's division will open in Hong Kong.

"The location was not chosen by chance, as today Hong Kong is a recognized global financial center. Moreover, due to systematic work and constant cooperation, we have found potential partners in this city with whom we will work and develop a financial network between Russia, China and other countries," commented Dmitry Antonychev.

Hong Kong is now the only place where it is possible to conduct activities related to cryptocurrency, unlike the rest of China, where cryptocurrency is prohibited from using at the legislative level.