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Russia’s Largest Bank to Test Issuance of State-backed ICO in 2018

Category: Blockchain, Business, Finance, News, Regulation

Russia’s Largest Bank to Test Issuance of State-backed ICO in 2018

Russia is seemingly taking giant strides in adopting blockchain technology. The country’s latest blockchain push would see the Russian banking giant Sberbank and the National Settlement Depository monitor an Initial Coin Offering (ICO) on a state-developed blockchain. Russia’s Blockchain Push According to an official report by Sberbank, the two entities would test an ICO issuance on Central Bank of Russia’s…

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