The world of crypto is changing with a lot of countries finding a way to embrace cryptocurrencies. The Japan Financial Services Agency recently issued operating licenses to 11 bitcoin exchanges, supporting the thought that projects like Karma are moving in the right direction.
A platform for creating economic interaction between people all over the world, Karma is a blockchain based, P2P financial platform based on an economy of trust. Complete with credit scoring, Karma gives a secure platform which allows financing between peers to be orchestrated on a global basis.
While Japan is one of the key geographic markets for Karma, one of their other key markets is Russia. Karma’s founder, George Goognin, became the Vice Chairman of the Blockchain Experts Chamber to the Russian Parliament. This means Karma will have access to the newest developments of legal changes surrounding the blockchain and cryptocurrencies, impacting Russia, other countries, and their citizens, around the world.
“There are many questions and ambiguities regarding crypto, and it’s important that these issues are clarified as soon as possible, as the world grows a more accepting attitude towards cryptocurrencies and blockchain services,” Goognin said.
“Karma contribute on a world stage by speaking as experts on panel discussions side by side with institutions like MOEX (Moscow Exchange, Russia’s leading legal exchange), conversing on topics including the evolution of the crypto community and the exchange services. In a couple of weeks, we will also be speaking at the Global Fintech & Blockchain Summit in Shanghai, and releasing our whitepaper. We invite everyone to stay informed with our developments on our Facebook or Twitter social media channels.”