Russia's Ministry of Telecom and Mass Communications (MinComSvyaz) published proposed guidelines for Initial Coin Offerings (ICOs) - AcceleratingBiz

Skip to content

LOG IN | SIGN UP

MENUMENU

Accelerating Business Environment
Accelerators
- Accelerators are technology-enabled trends and developments driving profound, often exponential, change in the Accelerating Business Environment
- Core Technologies
- Intelligent Devices
- Network Applications
- Socioeconomic
- Health and Life Sciences
  - Biotechnology and Bioinformatics
  - Fitness, Wellness and Healthcare Delivery
- Earth and Beyond
- view all accelerators
Market Disruptions
- Market Disruptions are macro customers, competitors and broader business environment disruptions driven by accelerators
- Customer Needs and Behaviors
- Existing and Emerging Competitors
- Human Talent
- Capital Markets
- Suppliers and Partners
- Legal and Regulatory Policies
- view all market disruptions
Business Models and Practices
- Business Models include company leadership, value propositions, delivery models and economics best practices
- Strategy, Leadership, Boards and Governance
- Customers, Relationships and Channels
- Value Propositions and Offerings
- Activities, Assets and Partnerships
- Organizations and People
- Economic Models
- view all business models and practices
Perspectives
About Us
- Search for:

MENUMENU

Accelerating Business Environment
Accelerators
Market Disruptions
Business Models and Practices
Perspectives
Studies
About Us
Solutions
Growth Partners

MENUMENU

Accelerating Business Environment
Accelerators
- Accelerators are technology-enabled trends and developments driving profound, often exponential, change in the Accelerating Business Environment
- Core Technologies
- Intelligent Devices
- Network Applications
- Socioeconomic
- Health and Life Sciences
  - Biotechnology and Bioinformatics
  - Fitness, Wellness and Healthcare Delivery
- Earth and Beyond
- view all accelerators
Market Disruptions
- Market Disruptions are macro customers, competitors and broader business environment disruptions driven by accelerators
- Customer Needs and Behaviors
- Existing and Emerging Competitors
- Human Talent
- Capital Markets
- Suppliers and Partners
- Legal and Regulatory Policies
- view all market disruptions
Business Models and Practices
- Business Models include company leadership, value propositions, delivery models and economics best practices
- Strategy, Leadership, Boards and Governance
- Customers, Relationships and Channels
- Value Propositions and Offerings
- Activities, Assets and Partnerships
- Organizations and People
- Economic Models
- view all business models and practices
Perspectives
About Us
- Search for:

Briefing

0	Russia's Ministry of Telecom and Mass Communications (MinComSvyaz) published proposed guidelines for Initial Coin Offerings (ICOs) May 9, 2018

Briefing:

Proposed ICO Rules – Russia's Ministry of Telecom and Mass Communications (MinComSvyaz) proposed guidelines for Initial Coin Offerings (ICOs) in country
Accreditation – ICO organization will be accredited for five years and must be registered in Russia
Minimum Required Capital – Must have at least 100 million rubles (US$1.7 million) of authorized capital in Russian bank account, while issuing of digital tokens should be in rubles currency only
Investment Limits – Draft law published January 25, 2018 sets no investment limit for investors that are licensed professionals, otherwise a 50,000 ruble ($900) cap will be imposed on investors without qualification
Transparency – ICO organizers must disclose information, such as full name of token issuer, project’s website and network provider
No Advertising – Prohibits promotional activities, such as advertising, before token sale

Accelerator: Web3 Ecosystems, Tokens and Consensus Mechanisms

Market Disruptions: Innovation, Competitiveness and Trade , Crowd-Based Financing

Sector: Financial Services

Organization: Ministry of Telecom and Communications of the Russian Federation (MinComSvyaz)

Source:

Scott, A., "Russia unveils ICO regulations, underpinned by the Ruble",

Bitcoinist, http://bitcoinist.com/;
Jagati, S., "Russian government prepares stringent new ICO regulations",

CryptoSlate, https://cryptoslate.com/;
Zhao, W., "Russian finance ministry proposes draft law on ICO regulation",

CoinDesk, http://www.coindesk.com/;
AcceleratingBiz analysis

Original Publication Date: April 2, 2018

What are your thoughts? Cancel reply

You must be logged in to post a comment.

Related Briefings:

U.K. Ministry of Defence launched competition for artificial intelligence (AI) systems designed for warships, part of wider Intelligent Ship project

Turkey announced it will produce first domestic electric vehicle by 2022, with plans to invest $3.7 billion

Indian consulting firm InfoSys launched three blockchain distributed applications for government services, insurance and supply chain management

Europe’s central banks proposed central bank digital currency (CBDC) that will allow for private transactions while complying with anti-money laundering (AML) checks

Italy announced plan for country's digital growth by 2025, through digitization of services, supporting innovation, as well as inclusive development

Go to page:

Related Proof Points:

Global Companies’ Top Barriers to Blockchain Adoption

Online Payment Methods Used By Global Consumers

Companies Hiring Staff with Blockchain Experience in Selected Countries

Go to page:

AcceleratingBiz^® is a trademark of MangoStrategy, LLC

MENU

Home

Accelerating Business Environment

Accelerators

Market Disruptions

Business Models and Practices

Perspectives

About Us

Solutions

Growth Partners

CONTACT

+1 617-588-3400

hello@acceleratingbiz.com

© 2013-2022 MangoStrategy, LLC | Read our Cookie Policy, Privacy Policy and Terms of Service