Deputy minister sees Russia as largest ICO market
MOSCOW, May 16 (PRIME) -- Russia is the largest market for raising money through initial coin offerings (ICO), Deputy Finance Minister Alexei Moiseyev said on Wednesday at a meeting of the financial market committee at the State Duma, the parliamentТs lower house.
The State Duma studied bills on digital financial assets, attracting investment via investment platforms and digital rights.
Too Уstrict regulationФ could result in Уnot seeing a single ICO,Ф Moiseyev said. УIt contains us from introducing stricter regulations,Ф he said.