Russia: Ministry of Communications Requires ICO Issuers To Have $1.7 Mln Nominal Capital


… certifies the token’s owner’s right to obtain the initial price of the token from the token’s issuer via a DLT system.” Minkomsvyaz also requires the issuers to provide audited ICO rules including the issuer’s obligations to guarantee the redemption of digital coins on the basis of an irrevocable public offer.
Russia: Ministry of Communications Requires ICO Issuers To Have .7 Mln Nominal Capital