Foreign investors have an interest in blockchain project in Crimea, told RIA Novosti Deputy Prime Minister of the Crimean government Georgiy Muradov.

According to him, it is about creating a cryptocurrency investment Fund and crypto currency exchange. But project implementation is hampered by the lack of legislative regulation of blockchain and digital currency, said Muradov.

“We have a project to create cryptocurrency investment Fund, which will ensure the implementation of various investment programs on the territory of Crimea, and possibly beyond. That fact is important that the system of circulation of cryptocurrency are able to solve the actual for the Crimean projects the problem of dropping the dollar and existing banking restrictions,” — said the official.

Particularly interested by this project of the Chinese company, said the permanent representative of the Republic of Crimea under the RF President. He explained that in China a large number of cryptocurrency and blockchain startups, and manufacturers of equipment for mining.

About the project “Cryptogram” became known in April last year, when Muradov, speaking at the Yalta international economic forum, announced plans to create kleptoklatura and the issue of cryptocurrencies. He also said that Chinese investors view the Peninsula as a place for organizing the Assembly of mining equipment.

On a possible experiment with the issue in Crimea, the cryptocurrency announced in 2017, Russian Finance Minister Anton Siluanov. Last year, the Finance Ministry confirmed that crypto-currencies are creating the possibility of circumventing the financial sanctions, which is important for Sevastopol and the Crimea.