blockchain-life logo

PRESS RELEASE:

On November 7-8, St. Petersburg will host the 2nd annual international forum on blockchain, cryptocurrency and mining – Blockchain Life 2018.

More details: https://blockchain-life.com/en/

| 5000+ attendees
| 80 speakers
| 70 countries
| 120 booths

The two-day forum/conference at the country’s leading venue, Expoforum, gathers more than 5,000 participants from over 70 countries. Сrypto traders, ICO projects, leading private investors and crypto funds, entrepreneurs and blockchain experts, developers on the blockchain, the owners and representatives of global exchanges, and miners – the event brings together industry professionals and those who are just starting their way in the crypto industry.

The conference will play host to expert speakers from Asian, US, European and CIS markets. Each speaker will provide actual case studies on their earnings or their experience in building a project in the blockchain industry.

Among the speakers: Sergei Khitrov (Listing.Help, Icotop.io), Maximilian Marenbach (Kraken Exchange), Wu Xing (Huobi Exchange), Aldrich Victorino (Okex Exchange), Charles Cai (Dalian Wanda Group), Jason Hugh (WBO), Vyacheslav Bredikhin (BITMAIN) and other leading international industry professionals.

The first list of speakers is available on the website. Over the two-day event, more than 80 experts from all over the world will speak for the attendees.

For the first time in the forum, leading companies of the industry will compete in the Blockchain Life Awards 2018. Each will compete for a title in its own segment.

Become a participant of the largest blockchain event in Russia and Eastern Europe right now! Hurry up and buy your ticket at the cost price here. 

Organizers: Sergei Khitrov, https://listing.help (A service helping with the output on crypto exchanges) and https://icotop.io (A rating agency).

Crimea Plans Cryptocurrency Fund to Protect Investors from Economic Sanctions

Authorities in Crimea are interested in launching a cryptocurrency fund for investors to circumvent economic sanctions imposed on the Russian-occupied territory.

The deputy prime minister of Crimea, Georgy Muradov highlighted the plans on April 18. He said:

“We are discussing these schemes to circumvent sanctions. One way is the creation of a cryptocurrency investment fund in Crimea where we can accumulate cryptocurrency resources, exchange them into cash, and then use them to implement certain investment projects on Crimean land”.

The plan is for Crimea to create a public investment fund in crypto which can be used to accumulate digital assets for the region.

Muradov made his comments one day before the commencement of the Yalta International Economic Forum, held in Crimea. At the forum, Anatoly Aksakov – who oversees the Committee on the Financial Market in Russia’s lower legislative chamber – gave the green light to the project.

Anatoly said cryptocurrency exchanges and ICOs might be permitted in Crimea, but mining won’t be allowed due to the excessive amount of electricity it consumes.

The move towards cryptocurrency adoption in Crimea is progressing faster than expected. Aksakov said:

“Mining in the Crimea is an illusion, but ICO and crypto-exchanges are quite real,” “[Authorities] are working hard on this issue.”

Russia also has plans to launch a cryptocurrency named CryptoRuble, in a bid to circumvent economic sanctions from the West. This has become necessary as the Russian government seeks to strengthen the economy while reducing the impact of international sanctions.

Russian regulators are currently drafting cryptocurrency regulations which are expected to be released in July 2018, but we should not expect CryptoRuble till mid-2019.

While Russian president Vladimir Putin had initially expressed skepticism towards bitcoin and the rest of the cryptocurrency market because of fears of regulation and the lack of backing by any central bank, the ballooning market and demand for cryptocurrency have since softened his stance.

A couple of Russian companies have started testing the waters as well. Gazprombank, one of the largest bank in Russia has made bold moves towards cryptocurrency adoption as it seeks to conduct crypto transactions through its Swiss subsidiary later this year.