cryptoknowmics.com
RRMine Global, a Filecoin storage firm that provides global cloud-computing asset management systems, has formally announced the suspension of its business activities in Mainland China and the transfer of its headquarters to Singapore. RRMine has been tackling the issue of liquidity in Web 3.0 since its beginning, which has helped it become the top Filecoin platform in the world. RRMine Global intends to become the most reputable provider of Filecoin solutions on Web 3.0 and is devoted to offering a one-stop service to Filecoin storage providers.
Strict Regulations On Crypto Use
The decision to completely withdraw from Mainland China stemmed from the Mainland's tightening regulations on the use of cryptocurrencies. China's Web 3.0 strategy is moving on a different path, which supports the point. RRMine Global's CEO, Steve Tsou, stated,
"Very much like other entrepreneurs, we want the best for our company, employees and community. The decision has been made after a profound examination and multiple discussions, and it has not been easy to come back from a downfall, especially when RRMine Global has continuously provided services to all its users globally without fail despite all the events that happened. From today onwards, we would like to move forward and recreate the prosperous scene from China in Singapore."
Singapore - World's Most Open Economy
Singapore has long been recognized as one of the most open economies in the world and acclaimed as a visitor center for cryptocurrency firms and activities. It has directly paved the way for Chinese crypto enterprises like RRMine Global to consider it a hub for them to relocate. RRMine Global consistently develops and grows internationally to provide available standardized Hashrate. RRMine Global introduces "R-Datacap Storage," a newly enhanced service that will dramatically lower operational costs, increase yield effectiveness, and power the Filecoin incentive scheme.