Cryptocurrency mining company RRMine Global has relocated its headquarters to Singapore from China, where it ceased sales and marketing a year ago amid Beijing's forceful crackdown on cryptocurrency-related activities. The company, which provides Filecoin mining and storage services, said the decision stemmed from "tightened restrictions on cryptocurrency usage in the mainland", as well as "the fact that China's Web3 strategy.
/PRNewswire/ RRMine Global, a filecoin storage company that offers global cloud-computing asset management platforms, has officially announced closure of.
Singapore is becoming a well established Web3 and crypto hub; a favorite location for projects that no longer feel welcomed by the regulations in their home countries.