Last week the Russian Association of Cryptoindustry and Blockchain (RACIB) unveiled the details of its upcoming voluntary certification program for crypto traders.
The program will be launched in October, RACIB Vice President Andrei Grachev told the Russian media. It is equally intended for traders and funds.
The assessment is based on such criteria as reporting, workflow, customer service, remuneration, risk sharing and profit sharing, in addition to trading competences. These include technical analysis, fundamental analysis, semantic analysis, risk management, currency management, trading strategy, trading operation planning, and others.
There are around 8,400 crypto traders in Russia, according to RACIB experts, the association reported this past Spring.
The association is also working on two projects to create mining pools offering better conditions to the local mining companies, according to a report by the Prime news agency cited by BC Focus.