Bitcoin Forum

Russia promises regulation will not kill ICOs. This comes from Deputy Prime Minister Shuvalov, President Vladimir Putin has said that ICOs hold “tremendous potential” and should not be obstructed.

Very interesting was it last month this was not the same approach....

This is a common way to play crypto currency price and trends, Russian and Chinese are good on this one, They want to control the market trend of cryptocurrency by means of releasing a statement regarding regulations and restriction of ICO then change it and another month and so on. This is old way and yet still effective due to many weak hands on crypto holders.

I see this a lot. Everyone has their prejudices, but then they realize just how powerful crypto is. No matter what, this industry is booming and governments will be forced to make decisions and generally those decisions will favor team crypto

The filter the ico from the scammers and just try to take a lot of the advantages through ico and they are realizing about the fact icos can be brought the country worth triple digits of the million dollars.

The news about regulation of the ICO is generally good. However, the question is how to regulate it. It is possible to establish such rules for conducting it, that it will be practically impossible. So it's too early to rejoice. In addition, news from Russia constantly comes contradictory, so tomorrow they may be in this issue the opposite.

It's very positive news when government sees something useful for them in ICO. But russian officials are very unconstant. They claim a lot, but mostly do nothing.

The way of approach makes it even better for ICOs, safe and better securities.

Regulation in my opinion becomes commonplace. With regulation, people who invest can be monitored and more confident of ICO investment. And I hope regulation can filter out the good ICO and discard the ICO which is thought to be less profitable.

No, The russian government is always supporting blockchain tech, they are just curious about their taxes and use of the internal capital.
Regulation though may add some hassle to buyers and issuers, will as a result increase trust and transparency.

Regulation of ICO's in all jurisdictions is inevitable. What will be the real concern will be if too many countries come down with harsh regulation that stifles the innovation. The trends with the regulation so far suggest that many countries want to be reasonable - so I don't think ICO's will be damaged too much in the long term

You are right, after China and Korea bans, ICOs are still running well, regulations won't affect ICOs but only help the ICO, and crypto currency. It will be more better.