ICO, ІРО, STO

02/07/19 17:00 UTC±0

Russia is going to legalize ICO and think about the status of cryptocurrency

On July 2, the Deputy Minister of Finance, Aleksey Moiseev, said that in Russia they could legalize an ICOICO
(Initial Coin Offerings) is an acronym, which means a primary currency offer. Details
. In addition, Moiseev stated that the Ministry of Finance is considering bills on the status of cryptocurrency, – this was reported by Crypto.Pro.

 

Russian ICO and cryptocurrency status

According to Alexei Moiseev, now the Ministry of Finance of the Russian Federation is considering the possibility of soon legalizing ICO-projects (Initial coin offering). At the same time a few months ago, the same Moiseev declared that cryptocurrency should be banned not only in the country, but also in the world.

Interesting in the section: Financial geography. Cryptocurrencies in Poland

Today, the Deputy Minister of Finance said that representatives of the Ministry of Finance are going to consider options for regulating the cryptocurrency sphere. Among the possible options: Bitcoin and altcoins will receive the status of a foreign payment instrument.

In Russia, they are going to make ICO legal and are thinking about the status of cryptocurrency. At the same time, if the crypto in Russia receives the status of foreign currency, then the assets can be stored, exchanged, but not calculated. Recall that on July 23, Moiseev also reported on the possibility of tradingTrading
– is an economic term that means the process of independent trade, independent analysis of the market and the conclusion of trade transactions.Details
in cryptocurrencies in Russia.

Editor: Yulia Krasnaya

See also: "Durov vs. Zuckerberg: the race of new cryptocurrencies"

#ICO #cryptocurrency #Russia #cryptocurrencyRussia #ICOinRussia #MinistryofFinance

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