Russian President Vladimir Putin signs the law for ICOs. However, a date was also given for the mining regulations: July 2018.
Speaking to the local news agency RNS, the Kremlin press service said last Tuesday, ICO‘ announced that they will be officially regulated. Future rules for ICOs will be similar to the pre-sale stock laws called IPO that are already in use.
In addition, government officials will translate “digital technology into the Russian language.” >” is also among what has been said by the Kremlin.. The most used of these terms are “distibuted ledger technology“, “cryptocurrency“, “token” and “smart contract >” in the form. These words can be listed as “shared recording technology“, “crypto money” and “smart contract” in Turkish.. “Token” is used in a completely different sense in crypto money technology.. To put it simply, tokens are coins that correspond to any service rendered.
According to the RNS, the fintech bag law created in collaboration with the Russian Central Bank is also December 20. . Claims “there isn’t a lot of demand for Bitcoin”
The bank’s CEO, speaking to CNBC, Andrey Kostin, made similar statements to VTB International chairman. Emphasizing that popular belief is wrong, Kostin said that cryptocurrencies have few daily uses but also “very dangerous.” I don’t think there is much interest in .
Kostin also stated that he is “doubtful” about cryptocurrencies.
“Hearing rumors have a huge impact on Cryptocurrencies, so I think it’s a pretty dangerous investment option.. Investors should stay away from digital currencies unless there is an official regulation from the government.. ”
Kostin’s views on the subject caused turbulent debates by Russian politicians. Although the bag law, which is still being regulated, will be released in December, politicians have already expressed their strict views on cryptocurrencies.
Aside from the nonsense discussed within the government, Bitcoin, Ethereum and some other ICOs are visibly on the street. has become effective. Businesses, restaurants, and even digital currency-themed vodkas do not go unnoticed.
In addition to these, the largest bank in Russia Sberbank made its name among the members of the Commercial Ethereum Association (EEA) last week. had it printed. Judging by these, we hope that the Russian government does not introduce such a term as a sedentary liquid, because it seems that cryptocurrencies have already entered daily life in Russia…
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