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ZainSpider
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October 25, 2017, 01:06:51 AM |
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Looks good honestly. After so much weird times from china and co, we the crypto world suffered a lot. Now it might be a big relief. By the way I read some where China is going to give licenses too yet again. The world cant survive without crypto ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Crypington
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October 25, 2017, 01:15:23 AM |
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Glad to see it. Hopefully small miners will be exempt from registering, though, and they just focus on mining businesses. Registration might put a damper on things.
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Filmmmakerr
Sr. Member
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Hello. Bye.
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October 25, 2017, 01:25:19 AM |
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That's great, its only a matter of time before every country does this. Big step forward for Putin and Russia. Props. I'm looking forward to seeing which country does this next.
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Beicin
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October 25, 2017, 01:57:45 AM |
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One day Russia is backing up crypto, the other it's rumored to be banning it. Its kinda hard to keep track these days, they change their mind so quickly (and people jump on rumors and spread them as truth just to get more site clicks...).
If this is true then it is very good news, truly a good step going forward for crypto (and another chance for Russia to advance economically as a pioneer country)
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BlueSword
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October 25, 2017, 02:48:52 AM |
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Hopefully small miners will be exempt from registering, though, and they just focus on mining businesses. Registration might put a damper on things. Google Translate for the relevant paragraph is: "b) the establishment of requirements for the organization and implementation of production based on the principles of cryptography in the medium of distributed registries ("mining"), including the registration of economic entities carrying out such activities, and determining the procedure for its taxation;" I'm not sure if "economic entities" ("xoзяйcтвyющиx cyбъeктoв") includes private individuals, but my wild guess would be no. (The original Russian text of the above-quoted paragraph is: "б) ycтaнoвлeниe тpeбoвaний к opгaнизaции и ocyщecтвлeнию пpoизвoдcтвa, ocнoвaннoгo нa пpинципax кpиптoгpaфии в cpeдe pacпpeдeлённыx peecтpoв («мaйнинг»), включaя peгиcтpaцию xoзяйcтвyющиx cyбъeктoв, ocyщecтвляющиx тaкyю дeятeльнocть, a тaкжe oпpeдeлeниe пopядкa eё нaлoгooблoжeния;")
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steveouttrim
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October 25, 2017, 03:02:36 AM |
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Companies that are doing ICOs should register. Sounds pretty reasonable.
C'mon Trump, what you gonna do?
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cola-jere
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 25, 2017, 03:07:14 AM |
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I agree in some regulations esp those doing ICO's that they need to register as a valid corp, that they just won't just disappear after collecting tons of eth or btc.
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BlueSword
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October 25, 2017, 03:31:59 AM |
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Companies that are doing ICOs should register. Sounds pretty reasonable.
C'mon Trump, what you gonna do?
Most ICOs already need to be registered with the SEC under existing law, because they constitute securities under the Howey test. The SEC has recently launched a cyber unit and has already begun enforcement actions against some of the most prosecutable targets (e.g., blatant scams with known principals). https://www.sec.gov/news/press-release/2017-176https://www.sec.gov/news/press-release/2017-185-0
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Reatim
Sr. Member
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October 25, 2017, 03:34:04 AM |
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Well if this is true then its a welcoming news. However, Russia has also put up their own crypto's right? So I don't know what is the effect of allowing ICO at the same time having their own crypto. Plus, Russia has been very confusing lately and sometimes you don't know if they are really telling everything because they contradict one another. However, let's see how things will evolved in 2018. Specially they said they have plans to put a mining farm somewhere.
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Saifher
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 25, 2017, 04:14:23 AM |
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How official is this? Every week we get different news coming out of Russia. One day they're banning all cryptos, the next they're supporting farms to move over to their country... Hopefully this time its true and they'll really back cryptos!
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babsjoe
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 25, 2017, 04:18:55 AM |
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Russians are playing the mind game with the rest of the world! All these cat an dog game is leading no where. With or without approval, citizen of any country should be free to pursue in the first place an economic endavour. What is registrations of miner all about? and beside crypto is abou freedom!
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puremage111
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 25, 2017, 04:24:49 AM |
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I Don't get it, so the previous news stated that Crypto is banned in Russia
Who banned it previously? Now Putin approves it therefore its legal in Russia now?
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fedor3327
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 25, 2017, 04:25:31 AM |
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Putin is a clever guy. No doubt about it.
If you cant beat it....join it.
Notice - regulation, regulation. He wants to keep control!!
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planktondestroyer
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October 25, 2017, 04:32:03 AM |
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I think it will be helpful in the long run. At least it keeps Russia in the game legally!
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poodle63
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 25, 2017, 04:52:34 AM |
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This will make or decrease the possibility about the scammer to run the ico. it seems good in my opinion from the investor's view but that will be a terrible thing for the scammer caused by theey can't do that to run scam ico.
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Riddikulo
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 26, 2017, 02:11:18 PM |
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I suppose, understanding that Russian Ruble position is too week, Putin understands that only cryptocurrency can “save” his country. They say, he was the first one who approved new Russian virtual currency. The question, when people start using it.
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Marucya
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 26, 2017, 06:22:51 PM |
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For now I see only one word. And words, even of the same Putin, about the crypto-currency are contradictory. The trend is generally quite good, it is still better than the ban, but I think that it is necessary to judge not by words in this case, but by specific actions and adopted laws. So far, there are no such laws.
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iram1011
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 26, 2017, 06:34:00 PM |
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If a country thinks of supporting cryptocurrencies, then regulations are inevitable. I believe regulating ICOs is way too much necessary and I want to see more ICO regulations from countries. So that some potential projects can be seen and can be successful from all this ICO mess. Regarding taxing and regulating cryptocurrencies, I believe at sometime or other almost all cryptocurrency supporting countries will do that. This in one way also helps in increasing public trust.
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RichardBTC
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 26, 2017, 06:42:28 PM |
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I dont know if this news is legit but if it is then it will certainly be a good step forward for crypto currencies
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