Russian Ministry Proposes Capital Mandates for ICO Organizers

Russian Ministry Proposes Capital Mandates for ICO Organizers

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Source: Coindesk.com

One of Russia's government ministries has proposed a law that, if approved, would introduce a capital requirement for initial coin offering (ICO) organizers.

The proposal, which was released by Russia's Ministry of Communications and Mass Media last week, seeks to enforce a series of requirements before any ICO activity can be officially accredited within the country.

One major element of the proposal is that ICO organizers must have at least

Read More https://www.coindesk.com/russia-proposes-mandate-on-ico-organizers-capital-threshold/

The post "Russian Ministry Proposes Capital Mandates for ICO Organizers" appeared first here Coindesk.com.

Source: Coindesk.com

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