The Central Bank of Russia has successfully held experimental ICO within the framework of its testing platform also known as a sandbox, local news agency TASS reports citing Ivan Semagin, the deputy director of the Development Department for the Financial Markets.
Speaking at the Eastern Economic Forum, Semagin noted he was satisfied with the results of the experiment.
"The Central Bank of Russia launched a "sandbox" ICO based on the existing infrastructure; the experiment was a success from a technical point of view, though a lot of legal questions remained open," he explained.
The Russian central bank launched the regulatory sandbox in April 2018 to provide a safe and convenient platform for testing and launch...
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