The third largest cryptocurrency exchange in terms of trading volumes according to the CoinMarketCap rating, Huobi, keeps on going with its expansion policy. This time a new “department” of the exchange will open up in Russia.
The Russian Huobi will start functioning on the 12 of November. It will provide support and guidance for the blockchain projects and startups in the country.
This important event was supported by a couple of important educational establishments in Russia, including Moscow State Institute of International Relations. Hopefully, this move will popularize cryptocurrencies in Russia or even draw attention of the officials in order to create a good regulatory framework for digital assets.
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