On November 12, Huobi will open a branch in Russia and start helping startups

One of the world’s leading cryptocurrency exchanges, Huobi, announced the opening of a branch in Russia on November 12. The company also plans to launch a Russian-language version of the site, a support service, a startup accelerator, an educational program and mining projects..

This was announced at the Blockchain Life conference in St. Petersburg by the head of the Russian representative office of the company, vice president of RACIB Andrei Grachev and CEO of Huobi Global Edward Chen. To improve the comfort of users’ work, a local call-center will be opened. In cooperation with the system of chambers of commerce and industry, the company plans to find promising domestic startups and help them develop.

On November 12, Huobi will open a branch in Russia and start helping startups

The new office, together with Moscow universities, will launch an education program that will help to gain knowledge in the field of asset management, cryptocurrencies and blockchain. In parallel, Huobi will take part in the development of mining hotels, the demand for which is now actively growing.

The company announced plans for global expansion at the beginning of the year. The next step should be the launch of a branch in Dubai, which will also participate in the development of the region..

At the moment, in Russia there are still no clear rules for regulating the crypto market, but by the end of the year, everything may change. Anatoly Aksakov expects that during this time the State Duma will 3 laws related to virtual currencies.

text: Ivan Malichenko, photo: TokensTalk

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