Russia to regulate crypto mining and ICOs within a year

[CryptoGirl]

Through the RNS, the Kremlin’s press service formally announced a decision which will see ICOs included in regulatory statutes “on the basis of ” IPOs.

In addition, the government may now legally define the status of various terms related to what the Kremlin describes as “digital technology.”

These include so-called ‘distributed ledger technology’ alongside ‘cryptocurrency,’ ‘token’ and ‘smart contract.’

Ideas for a dedicated regulatory sandbox for fintech in partnership with the central bank should also surface by Dec. 20, RNS reports.

https://rns.online/finance/-Putin-poruchil-pravitelstvu-propisat-regulirovanie-ICO-na-zakonodatelnom-urovne-2017-10-24/

[Dilerium90]

Of course they sad, that it's out of legal. This is Russia, baby.

[tindk]

Vladimir Putin puts the digital economy on the list of priority areas for Russia’s strategic development.
These are the first steps

[Keenetik]

Это первые шаги
К контролю над всем, у них руки чешутся уже.

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Through the RNS, the Kremlin’s press service formally announced a decision which will see ICOs included in regulatory statutes “on the basis of ” IPOs.

In addition, the government may now legally define the status of various terms related to what the Kremlin describes as “digital technology.”

These include so-called ‘distributed ledger technology’ alongside ‘cryptocurrency,’ ‘token’ and ‘smart contract.’

Ideas for a dedicated regulatory sandbox for fintech in partnership with the central bank should also surface by Dec. 20, RNS reports.

https://rns.online/finance/-Putin-poruchil-pravitelstvu-propisat-regulirovanie-ICO-na-zakonodatelnom-urovne-2017-10-24/

What a govt. Retardation of progress

[rahul10948]

lests see what happen lot of controversy