The Armenian government gave Hrazdan the status of a “free economic zone” and became the country’s fourth free economic zone. The government will assist companies in building digital currency mining centers in the economic zone. The Ecos, which led the project, has already received $15 million in financing in the first round and plans to get at least $30 million in investment by 2021. The government will actively adjust its policies to attract investment to support the development of digital currency mining in the country.
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