The first Russian crypto hab will be built in Vladivostok
The construction of a financial center in the free economic zone of Vladivostok, where the first cryptocurrency exchange under the Russian jurisdiction will be opened, as well as offices of Russian and foreign companies developing cryptocurrencies and blockchain projects, has began.
The agreement on the construction of the financial center and the implementation of blockchain projects was signed by the Far East Development Fund (FDFE) and the Tai Cloud Technology company (China). Financial terms of the deal were not disclosed, but it is known that joint projects will use a special taxation regime as a priority for the development of the Far East. One of the first projects of the Financial Center could be the launch of the D1 Coin provided by "Alrosa" diamonds - the Far East Development Fund will implement it in conjunction with the investment fund Diamundi Pte Ltd (Singapore).
The crypto exchange will be created on the investment platform "Voshod" sunrise, which was developed by the Russian company "Freedom Finance", a part of Freedom Holdings (USA). Now "Voshod" trades in securities using the listing on the St. Petersburg Exchange, and announced plans to register as a crypto exchange operator in Japan.
The head of the Far East Development Fund, Alexei Chekunov, insists on the creation of a "Russian Crypto Valley" in Vladivostok, which should be successful due to the proximity of Asian capital and a special taxation regime. At the initiative of the FDFE, the "Crypto Hab" can be declared a testing ground for the standarts of the first Russian law on the regulation of digital assets, which is being developed by the government.
