Qiwi, one of the largest e-payment providers in Russia, is launching a crypto investment bank, called HASH, to advise investors and help Russian companies tokenize their assets once the appropriate regulation in Russia is in place.
The company announced it was launching a new enterprise based on its fintech subsidiary Qiwi Blockchain Technology, created this past March.
HASH, branded as “the first crypto investment bank in Russia,” will manage clients’ ICOs, help them build their blockchain networks and raise funds.
He added:
“We are going to make an international crypto bank providing trading services, research and ICO advisers …
Qiwi expects that the Russia’s parliament to pass the bills regulating cryptocurrencies and blockchain this fall.
Subsidiary of Russian payment service provider Qiwi has launched the first crypto investment bank in the country to manage ICOs, according to local reports
QBT, a daughter company of Russia’s largest electronic payments system Qiwi, announced it will launch the country’s first ever cryptocurrency investment bank. The project will be based on the classical investment bank model but will operate on global cryptocurrency markets.
QBT, a daughter company of Russia’s largest electronic payments system Qiwi, announced it will launch the country’s first ever cryptocurrency investment bank. Russia’s First Cryptocurrency Investment Bank The new company — which will operate under the brand-name HASH — will be registered in Russia, reports Russian news outlet Kommersant.
Bitcoin price remains locked in a tight range between $80,000 and $90,000 as liquidity builds on both sides, increasing the likelihood of a sharp breakout once the balance breaks.
XRP price trades near critical $1.80 support as bullish momentum fades, increasing downside risk and raising the possibility of a capitulation move toward lower liquidity zones.
