Putin Mandates Cryptocurrency and ICO Regulation Be Finalized by July 2018

Putin Mandates Cryptocurrency and ICO Regulation Be Finalized by July 2018

Russia’s president Vladimir Putin has issued orders pertaining to the regulation of cryptocurrencies, initial coin offerings (ICO), and cryptocurrency mining. He wants changes made to the Russian legislation to regulate cryptocurrencies and tokens. Mining operations will also be registered and taxed. The prime minister and the central bank governor will be responsible for completing the orders by July next year. Also read: Putin Orders the Issue of Russia’s National Cryptocurrency – the Cryptoruble Putin’s Orders Russia’s president Vladimir Putin has officially issued five orders concerning the use of digital technologies in the country’s financial sector, according to the Kremlin’s […]