India, April 29 -- UK-based crypto firm Cashaa is planning to launch a new crypto wallet in seven markets, including India.

In the first phase, Cashaa's upcoming all-in-one wallet will be released in six new markets outside of Europe. The wallet will allow users to buy, store, earn, and take loans against their cryptocurrency deposits in their local currencies, the company said in a statement.

The wallet will be released in Europe, India, Turkey, the UAE, Indonesia, Kenya, and South Africa in June 2024.

The company said that the move is geared towards increasing the adoption of its native token, CAS.

Cashaa said it has already released a Beta wallet which has been tested by more than 3,000 users in the last six months, adding that exi...