Restrictions in China? Not a problem for RRMine Global, as it's moving its operations to Singapore.
Wednesday that it has shut down business operations in mainland China and is relocating its headquarters to Singapore.
RRMine Global is ending its operations in Mainland China after the Chinese government tightened cryptocurrency restrictions, signaling the government's commitment to heavily regulating the Web3 industry. Steve Tsou, the Global CEO of RRMine Global, shared: Singapore seems like an obvious choice for the project, as many Chinese Web3 companies have already made their move to the country. Singapore offers a relatively balanced regulatory approach toward the emerging crypto industry, and has a reputation for being one of the world’s leading open economies.
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