The cryptocurrency markets have been a rollercoaster over the last few years. The hype of 2017 was quickly replaced by the crypto winter of 2018. Will 2019 be the year of cryptocurrency adoption? Even though Bitcoin and blockchain technology have been around for 10 years, there is currently very little evidence of mainstream adoption. Think about it: When you walk down your local high street, how many stores actually accept cryptocurrency as a payment method?
Earlier this month, Huobi Group officially announced the opening of its Russian office, launched in partnership with the VEB Digital Transformation Center and Russian experts in the field of blockchain and exchange trading. According to the latest announcement, the legal competence center has been launched with the support of VEB’s Digital Transformation Center. The legal lab will be led by Elina Sidorenko, Professor at Moscow State Institute of International Relations (MGIMO).