In a last-minute twist of events in Moscow today, leading Russian cryptocurrency platform KICKICO announced that the launch of its planned ‘Chinese-Russian Cryptocurrency Alliance’ would be delayed until clarification of the new Chinese regulatory framework on initial coin offerings (ICO’s). The Alliance’s formal launch had been planned for September 6 in the Russian capital along with a leading player from China.
Nevertheless, KICKICO’s partner CyberTrust did announce at a press conference held at the Ritz Carlton hotel in Moscow - with around 100 attendees including local and international media - the launch of a new "Russia-focused" exchange, CyberEX, in alliance with Chinese-based digital assets exchange C2CX.
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