Irkutsk is a major city located in Eastern Siberia, on the Angara River near Lake Baikal. It is the administrative center of Irkutsk Oblast, and one of the largest cities in Russia. It has been an important transportation hub since its founding in 1661, due to its central location between Moscow and Vladivostok.
The city of Irkutsk also has a rich history when it comes to cryptocurrency. In 2017, it was reported that local authorities had plans to create a “crypto-valley” with tax incentives for companies involved in cryptocurrency trading and other blockchain activities. The project was supported by the regional government as they saw potential economic benefits from embracing cryptocurrencies and blockchains technologies such as increased transparency, improved security measures etc..
In addition to this initiative by the local government have been several successful crypto projects based out of Irkutsk which includes multiple exchanges such as BTC24x7 , Cryptolocator , CryptoBank . These exchanges are well known within Russian circles for providing users with access to buy/sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) among others popular digital assets . Furthermore these exchanges also offer services related to credit cards payments & withdrawals , bank transfers , peer-to-peer transactions etc…
Apart from those mentioned above there are more than fifty other crypto startups based out Irkutsks like MiningRigRentals which provides cloud mining services; Crowdsale platform called Starta Accelerator ; Token Fintech – offering Digital Asset Management solutions ; ICOBOX – specialized in launching Initial Coin Offerings (ICOs); CryptoBazar Fund – venture fund focused on investing into promising blockchain projects; CodeIT – software development company that specializes in custom software engineering using DLT technologies …etc… All these companies combine represent significant investments made into Russian cryptocurrency industry over last few years while trying bridge traditional finance world with new opportunities enabled by blockchain technology .
Finally There are many meetups & educational events happening regularly around Irkasuk where enthusiasts can come together discuss trends & developments taking place within global crypto sphere while getting insight about upcoming projects or initiatives that could potentially evolve into something bigger down road .
