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In a recent announcement of the subsidiary Blockchain & Qiwi, also known as one of the largest online payment providers in Russia, it promotes the launch of a bank for cryptocurrency investments, called HASH, According to the Kommersant agency, the bank will focus on supporting the traditional business sector, such as industries that manage natural resources; Also, the help that will be offered will concern the training and launching of projects with ICO (Initial Offer in Cryptocurrencies).
According to Constantine Kolstov, Business Partner and Head of Corporate Relations at Qiwi:
Our project aims to launch an international bank that provides trade, research and advisory services on the launching of business. ; ICO. Once the appropriate regulations are in place, we will help companies in traditional sectors of the economy, such as natural resources and heavy industry, to raise funds through country offices.
Yakov Barinsky, Chief Financial Officer or CFO For Qiwi, he adds:
HASH will help startups in the initial fundraising process, whether they are focused on blockchain initiatives or cryptocurrencies.
In addition, they will include funds from international investors wishing to add assets to cryptocurrencies.
It should be noted that Qiwi is working with ten other cryptocurrency investment funds, which have already raised about $ 100 million.
By 2019, Qiwi plans to open a platform for exchange for customers, as well as obtaining a special license to establish a "trading desk".
It is necessary to point out that the Russian government has announced and a few months, its intention to launch a bill for trade with cryptocurrencies and ICOs for July, culminating the confusion that currently exists around the decentralized business landscape.
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