Bitcoin Forum
October 19, 2018, 01:59:29 AM *
News: Make sure you are not using versions of Bitcoin Core other than 0.17.0 [Torrent], 0.16.3, 0.15.2, or 0.14.3. More info.
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2018-05-25]Sberbank Attempts to Launch Russia’s First Initial Coin Offering  (Read 31 times)
Vladdirescu87
Sr. Member
****
Offline Offline

Activity: 700
Merit: 261



View Profile WWW
May 26, 2018, 10:05:23 AM
 #1

Sberbank CIB in a partnership with National Settlement Depository (NSD) has announced their intention to set up an Initial Coin Offering (ICO) in the Bank of Russia’s regulatory sandbox. The issuer of the digital currency will be Level One, that operates the largest lecture hall on Moscow’s financial market.

“Sberbank CIB considers the Russian ICO market to be very promising. Many Sberbank clients are interested in this type of investment, and we plan to promote this service proactively once the appropriate legislative framework comes into effect; we will be one of the drivers to institutionalize and popularize this type of transaction,” Igor Bulantsev, Senior Vice President of Sberbank, Head of Sberbank CIB, explains.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/sberbank-attempts-to-launch-initial-coin-offering/



░░░░░░▄▄█▀▀▀▀▀▀▀▀█▄▄

░░░░▄█░░▄▄▄▄▄▄▄▄▄▄░░█▄
░░▄█░░▄█░░░░░░░░░█▄░░█▄
░░▄█░░░░▄███▄░░░░░█▄░░
░░░░░░░░░░░░░░░░░
░░░░░░░░█▄░░░░░░░
░░░░░░░░██░░░░░░░░░
░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░
░░▀█░░░░▀███▀░░░░░█▀░░
░░▀█░░▀█░░░░░░░░░█▀░░█▀
░░░░▀█░░▀▀▀▀▀▀▀▀▀▀░░█▀
░░░░░░▀▀█▄▄▄▄▄▄▄▄█▀▀
[Facebook] •--»  DECOIN  «--• [Bounty]
[World's leading Cryptocurrency Exchange and Trading Platform]
ANN Telegram Whitepaper Twitter
1539914369
Hero Member
*
Offline Offline

Posts: 1539914369

View Profile Personal Message (Offline)

Ignore
1539914369
Reply with quote  #2

1539914369
Report to moderator
1539914369
Hero Member
*
Offline Offline

Posts: 1539914369

View Profile Personal Message (Offline)

Ignore
1539914369
Reply with quote  #2

1539914369
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Tylev
Full Member
***
Offline Offline

Activity: 406
Merit: 103



View Profile
May 26, 2018, 07:40:46 PM
 #2

To be honest, I did not expect such a decision from Sberbank of Russia. Until that time, Russian banks were categorically against the introduction of any crypto currency in any form. Even advocated the introduction of criminal liability for the use of crypto currency as a means of payment. It seems that the crypto currency will develop in Russia. If this one of the most popular banks in Russia enters their tokens, then other banks will follow its example.

Fatunad
Sr. Member
****
Offline Offline

Activity: 714
Merit: 251



View Profile
May 26, 2018, 08:00:18 PM
 #3

To be honest, I did not expect such a decision from Sberbank of Russia. Until that time, Russian banks were categorically against the introduction of any crypto currency in any form. Even advocated the introduction of criminal liability for the use of crypto currency as a means of payment. It seems that the crypto currency will develop in Russia. If this one of the most popular banks in Russia enters their tokens, then other banks will follow its example.
I really dont consider for a coin to be called a "Cryptocurrency" when government do make their own tokens this wont really be far to be considered to be e-cash or e-fiat. All centralized things cant be called as crypto.
Countries which do accept and do create their own coin i would really not be surprised for other countries to go with the trend as well when they do saw other countries is doing it already.


██████████████████████████████████████████████████
███```````█████````````█████````````██████████████
```````````██``````````███``````````████████████
```````````██``````````███``````````████████████
███```````██████``````███████``````███████████████
██████████████████████████████████████████████████
██````````█████````````████`````````█████████████
```````````██``````````███``````````████████████
```````````██``````````███``````````████████████
███```````██████``````███████``````███████████████
██████████████████████████████████████████████████
███```````███████████████████████████████```````██
```````````███████████████████████████``````````
```````````████████████████████████████`````````
███```````███████████████████████████████```````██
██████████████████████████████████████████████████
█████████████````````█████````````█████```````███
█████████████``````````███``````````███`````````
█████████████``````````███``````````███`````````
████████████████``````███████``````███████``````██
█████████████████████████████████████████████████
vgvv
SECURIX
|
|
konomi
Jr. Member
*
Offline Offline

Activity: 124
Merit: 1


View Profile
May 27, 2018, 02:12:10 PM
 #4

This is a cryptocurrency issued in the name of the country. If it is backed by a bank, it will become extremely powerful and it will soon be able to defeat other altcoins.We can look at Ripple. Wink

Data✘chain | Blockchain Based Decentralized Data Trade Service
http://dataxchain.org/ico/main/
hatshepsut93
Hero Member
*****
Online Online

Activity: 938
Merit: 601


Vires in numeris


View Profile
May 27, 2018, 02:27:25 PM
 #5

This is a cryptocurrency issued in the name of the country. If it is backed by a bank, it will become extremely powerful and it will soon be able to defeat other altcoins.We can look at Ripple. Wink

Ripple at least pretends to be a decentralized cryptocurrency, and since most newbies are not able to analyze the technology by themselves, they easily believe this manipulation. But government-owned "cryptocurrencies" are obviously centralized, they will have monopolized mining, nodes, maybe even mutable blockchain - it would be very hard to form any hype around it when it's the opposite of everything cryptocurrencies claim to be - decentralized, permissionless, open-source, free. Petro has failed, and this Russian coin will fail too.

SectorZero
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000



View Profile
May 28, 2018, 11:54:40 AM
 #6

To be honest, I did not expect such a decision from Sberbank of Russia. Until that time, Russian banks were categorically against the introduction of any crypto currency in any form. Even advocated the introduction of criminal liability for the use of crypto currency as a means of payment. It seems that the crypto currency will develop in Russia. If this one of the most popular banks in Russia enters their tokens, then other banks will follow its example.
I really dont consider for a coin to be called a "Cryptocurrency" when government do make their own tokens this wont really be far to be considered to be e-cash or e-fiat. All centralized things cant be called as crypto.
Countries which do accept and do create their own coin i would really not be surprised for other countries to go with the trend as well when they do saw other countries is doing it already.


I agree, the situation is ambiguous. The Central Bank of Russia in a package of Sberbank shares has 51%, which means all the actions of Sberbank are agreed with the Central Bank, and then the question arises - Who needs it and why is it all.
If the goal was to legalize cryptocurrencies, the first digital currency would be created by a private Bank in Russia. Do you have any thoughts on this?

            ▄▄████▄▄
        ▄▄██████████████▄▄
      ███████████████████████▄▄
      ▀▀█████████████████████████
██▄▄       ▀▀█████████████████████
██████▄▄        ▀█████████████████
███████████▄▄       ▀▀████████████
███████████████▄▄        ▀████████
████████████████████▄▄       ▀▀███
 ▀▀██████████████████████▄▄
     ▀▀██████████████████████▄▄
▄▄        ▀██████████████████████▄
████▄▄        ▀▀██████████████████
█████████▄▄        ▀▀█████████████
█████████████▄▄        ▀▀█████████
██████████████████▄▄        ▀▀████
▀██████████████████████▄▄
  ▀▀████████████████████████
      ▀▀█████████████████▀▀
           ▀▀███████▀▀



.SEMUX
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
  Semux uses .100% original codebase.
  Superfast with .30 seconds instant finality.
  Tested .5000 tx per block. on open network
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
█ █
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!