Cashaa, a crypto-friendly banking services platform, announced that it will launch bank accounts based on U.S. dollars under a partnership with Metropolitan Commercial Bank. 

Cryptocurrencies will be able to apply starting Nov. 25 for U.S. dollar accounts through Cashaa with full banking features from anywhere in the world, except sanctioned countries. 

"As our world is changing, new types of businesses are evolving,"Janina Lowisz, co-founder and vice president, marketing, said in a press release. "Traditional banks currently underserve crypto-related businesses. Our goal is to create a hassle-free experience for all businesses who are building new technologies and business models."

Cashaa says that more than 800 businesses have signed up with it since launching in beta in May 2019. Cashaa offers U.K. current accounts with a limit of up to 1 billion British pounds ($1.29 billion) with Mastercard through regulated FCA entities.

Cover image: Cashaa.