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Russia has every chance to become one of the most favorable countries across the world for ICO projects. In 2016, in terms of fees from ICO, Russia was not yet in the top 5, behind the US, China, Singapore, Hong Kong, and some else. In 2017, Russia became the second country in the world after the US in terms of fees from the ICO — more than $300 million. At the state level, the introduction of cryptocurrency and blockchain technology in the legal framework is discussed to reduce the investment risk of theft. Legislative changes are inevitable since the global crypto market accelerates its formation.

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