The government of Crimea is considering the possibility of creating a crypto-currency fund for foreign investors in order to avoid sanctions.
Deputy Prime Minister of Crimea Georgy Muradov told reporters on Wednesday:
We are discussing ways to avoid sanctions. One of these methods is the creation of an investment fund in the Crimea, where we will accumulate resources, exchange them for normal money, and then use them to implement any investment projects in the Crimean land.
Muradov said that this issue will be raised at the Yalta International Economic Forum and that foreign investment in the economy of the Crimea will be one of the key points for discussion. Muradov added that throughout the conference they hope to secure ten investment agreements between various foreign and Crimean companies.
The Fourth Yalta International Economic Forum "The Future of Peace. The future of Russia "is held from 19 to 21 April. The organizers say that 3,000 people from 60 countries take part.
Earlier this week, the Russian government blocked the Telegram application. To ensure compliance with the ban, the Roskomnadzor Communications Authority has blocked almost 20 million IP-addresses. Despite all the government's efforts to disable the application in Russia, most users report that it operates without the use of additional means to circumvent the blocking, for example, proxy servers or VPN services.
Meanwhile, dozens of other websites do not work as a result of blocking the IP network of Roskomnadzor. Xbox Live, Microsoft updates, and even for the Roskomnadzor site itself, there is no access periodically.
Deputy Prime Minister of Crimea Georgy Muradov told reporters on Wednesday:
We are discussing ways to avoid sanctions. One of these methods is the creation of an investment fund in the Crimea, where we will accumulate resources, exchange them for normal money, and then use them to implement any investment projects in the Crimean land.
Muradov said that this issue will be raised at the Yalta International Economic Forum and that foreign investment in the economy of the Crimea will be one of the key points for discussion. Muradov added that throughout the conference they hope to secure ten investment agreements between various foreign and Crimean companies.
The Fourth Yalta International Economic Forum "The Future of Peace. The future of Russia "is held from 19 to 21 April. The organizers say that 3,000 people from 60 countries take part.
Earlier this week, the Russian government blocked the Telegram application. To ensure compliance with the ban, the Roskomnadzor Communications Authority has blocked almost 20 million IP-addresses. Despite all the government's efforts to disable the application in Russia, most users report that it operates without the use of additional means to circumvent the blocking, for example, proxy servers or VPN services.
Meanwhile, dozens of other websites do not work as a result of blocking the IP network of Roskomnadzor. Xbox Live, Microsoft updates, and even for the Roskomnadzor site itself, there is no access periodically.
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