Xiaomi Global Vice President: needs more precise management before entering the crypto space

According to the news on August 23, Xiaomi International Vice President and Chief Business Officer of Xiaomi India Manu Kumar Jain told the Economic Times in India that before entering the crypto environment we have to wait. let the rules be clear. He said: "We have to wait for all the checks. Of course the encryption is very extensive, the message is warm and it works great. But I want to know more about the checks. We know that every level is a federal level. government., 100% compliant with all local laws, whether state or local. There are no implementation plans or immediate investments. Earlier this month, Spanish retailer Xiaomi, Mi Store Portugal, has started accepting cryptocurrency payments, but a spokesperson for Xiaomi said it was a decision made by the seller of a third-party product and has nothing to do with Xiaomi. . (Economic period)