Putin orders to develop mining and ICO regulation by July 2018

The Russian president has delegated the government and Central Bank of Russia to develop a cryptocurrency legal framework.

The order was published on the official website of the Russian government. The document says that the government and the Bank of Russia must execute five steps.

First, they should legislatively identify the status of cryptocurrencies, define such terms as “technology of distributed ledgers”, “digital letters of credit”, “digital mortgage”, “cryptocurrency”, “token”, “smart contract”…

Read Full: Putin orders to develop mining and ICO regulation by July 2018