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Vladivostok will open a financial center for working with cryptocurrencies

It will appear in the framework of the Russian-Chinese project on the development of blockade in the Far East.

09.Apr.18 11:55 PM
By Mark Gainer


Vladivostok will open a financial center for working with cryptocurrencies
The Far East Development Fund (FRDV) and the Chinese corporation Tai Cloud Technology have signed an agreement on the joint implementation of some projects with the use of blockade technology in the interests of developing the regions of the Russian Far East. In particular, the partners plan to build an international financial center in Vladivostok to work with crypto-currencies.

It is assumed that by such a center will operate branches of foreign credit organizations that use digital currencies.

The FRDF notes that its Chinese partners already have a successful experience in developing and implementing innovative projects related to digital currencies in their country. One of the first areas of possible application of Tai Cloud's block-technologies in Russia may be the introduction of the D1 Coin cryptocurrency, provided by the diamonds of Alrosa. This project FRDV already implements jointly with the Singapore company Diamundi.

It is worth recalling that at the end of February, the FRDF initiated the creation of a Russian crypto-currency valley in Vladivostok. This proposal is currently being discussed with representatives of the Central Bank and the Government of the Russian Federation.

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