Russia’s Ministry of Telecom and Mass Communications (MinComSvyaz) has prepared guidelines for Initial Coin Offerings (ICOs). The document, however, has already become target for heavy criticism.
The first major Waves ICO of the year has ended, reaching its hard cap in just 28 hours thanks to a partnership with the Waves Lab incubator.
Blockchain platform Waves is launching a self-regulatory body to set standards for initial coin offerings (ICOs) and the blockchain industry.
A senior official at Russia’s Central Bank insists the so called initial coin offerings (ICOs) could drive funding opportunities for startups, which is why the regulator is ready support the development of the blockchain funding model.
Regulators in China have banned all initial public coin offerings (ICOs) pending a review and the possible introduction of regulations to control the booming market.
Over the last two-and-a-half years, Estonia has offered so-called e-Residency to foreign entrepreneurs who want to virtually site their businesses in the country. The program gives people an Estonian government-backed digital ID, the ability to simply register an EU company, access to business banking and payments services, and tools with.
After initial hesitancy concerning bitcoin and blockchain, Russia is now embracing the new suite of technologies — and Waves is at the forefront of the movement.
Pavel Kravchenko, Distributed Lab Co-Founder Says 99% of Startups Don’t Make a Working Product after ICO
Pavel Kravchenko, co-founder of blockchain company Distributed Lab, is known for his hard-hitting statements on processes within the cryptoindustry. Recently he wrote a Facebook post sharing his views about what’s happening to cryptocurrencies and ICO market in layman’s terms.