Subsidiary of Russian payment service provider Qiwi has launched the first crypto investment bank in the country to manage ICOs, according to local reports.
Qiwi is a Russian payment service provider founded in Moscow in 2007 and headquartered in Nicosia, Cyprus. Qiwi is publicly traded and is served worldwide, but major territories of activity for Qiwi are Russia, Belarus, Kazakhstan, Moldova, the U.S. and the UAE. The Qiwi wallet is strongly interested in blockchain technology and its development. The latest Qiwi news, like plans of opening a blockchain academy and the creation of a blockchain development-focused subsidiary, indicate that the company aims to become one of the main blockchain companies in countries of the post-Commonwealth of Independent States. Qiwi will work on cryptocurrency education, financing, development and consulting. A diversified approach to the blockchain industry may help Qiwi to benefit from technology and become an important fintech enterprise in the future.
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