Good news from the Russian legislator for the REOSC Ecosystem project
As you know, since May 2018, the Russian legislature has been preparing for second reading the law on digital financial assets. In today's version of the bill, it is assumed that individual entrepreneurs and legal entities of the Russian Federation will be able to initiate the release of cryptocurrencies under Russian law. This will allow young business projects in Russia to attract international funding through the cryptocurrency industry legally. In return, international crypto investors will receive cryptocurrency as the right to own the future profits of Russian startups. For our project, this is very good news and the opportunity to obtain legal status and registration of their activities. According to the head of the Duma committee on the financial market, Anatoly Aksakov, this version of the bill is being approved and the State Duma expects to adopt the law before the end of 2019.