Big changes could be coming to the crypto industry in Russia.
The Russian Ministry of Communications has introduced a new bill aimed at regulating Initial Coin Offerings, or ICOs. Under the proposal, crypto projects would need to officially register with the government and prove they have at least 100 million rubles in operating capital before launching.
The goal is to increase investor protection and bring more transparency to token sales. One of the most notable rules would require token issuers to buy back their tokens at the original sale price if investors choose to redeem them.
Supporters say this could help reduce scams and encourage teams to focus on real project development instead of simply raising funds.
However, critics argue that parts of the bill are unclear and may conflict with existing regulations, potentially creating legal uncertainty for blockchain companies.
If approved, the legislation could reshape how ICOs operate in Russia and may influence how other countries approach crypto regulation in the future.
What do you think—will stricter rules protect investors or slow down innovation? Let us know in the comments.
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