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Blockchain & Cryptocurrency
March 2019 www.intellinews.com I Page 25
platform, Huobi Russia. It maintains a 24-hour Russian-language online support and call centre. Huobi is also partnering with Russia’s state- owned development bank VEB to provide legal help to crypto companies and with the country’s oldest business school, the Plekhanov University of Economics, on an educational programme. Another exchange that is planning a Russian expansion is Kucoin. Its website already has a Russian version too.
Buying cryptocurrencies with rubles
Crypto trading platforms with Russian language support are Exmo, arguably the largest digital assets exchange in Eastern Europe, and the Seychelles-based Bitmex.
UK-headquartered Exmo, which is also represented in both Moscow and Kyiv, offers pairs
Romania-based blockchain startup gets Canadian financing
bne IntelliNews
AlphaBlock, an IT startup launched by two Indian- Romanian investors in Cluj-Napoca, recently received a capital injection from a private equity firm in Canada to finish their product, a solution based on artificial intelligence (AI) and blockchain for managing the risks faced by pension funds.
The value of the investment made by the Real Ventures Fund in Toronto has not been revealed
of major cryptocurrencies with the Russian ruble, and supports a number of payment methods that are popular in this part of the world, including card deposits and withdrawals, bank transfers in local fiat currency, Qiwi, Yandex Money, Webmoney and other payment processors.
Peer-to-peer crypto trading platforms are also taking care of Russian-speaking users. The popular exchange Localbitcoins has a Russian- language website devoted to traders from the Russian Federation, where most of the offers are priced in rubles and traders use popular Russian payment methods. Another P2P platform, Latvia- based Hodl Hodl, recently announced the launch of BTC and LTC trades in pairs with the Russian ruble. It also expanded its list of exchanges whose rates can be referenced in the offers, adding Binance and Exmo.
but, as a result of this funding, the startup was evaluated at $15mn, according to EU Startups.
The founder and CEO of AlphaBlock is Mukul Pal, an entrepreneur from India. His wife, Florina Pal, from Cluj, serves as the startup's technical lead. Mukul Pal is an entrepreneur with more than 20 years of experience in investment and consulting.