The Russian Finance Ministry has proposed ‘a draft federal law’ for the regulation of virtual assets and Initial Coin Offerings. The draft legislation highlighted that there would not be any restrictions on the investment limits made by the licensed professionals under the Securities Law. However, the unqualified investors are limited to only 50,000 ruble or $900 approximately.
Finance Ministry Proposes Draft Law on ICO and Digital AssetIncryptsJan 27, 20180121
Nov 16, 2018
Nov 15, 2018