The Russian authorities promise to legalize the ICO on the territory of Russia. This was stated by Deputy Finance Minister Alexei Moiseev.
“A large number of businesses are asking when it will finally be possible to conduct an ICO legally transparently, in white conditions, this will definitely be regulated, allowed, and that’s it,” the Deputy Finance Minister assures.
He said that the main issue that is currently being resolved in the government is whether the cryptocurrency will have approximately the same status as a foreign currency. This means that it can be bought, sold and stored, but it cannot be used as a means of payment.
Earlier, Moiseev said that in the foreseeable future, the circulation of digital money on the territory of the country (as a means of payment) will be banned, since all calculations must be carried out in the national currency, rubles.
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