THELOGICALINDIAN - The Russian State Duma is captivation a breakable for a abundant abstraction on the accountable of cryptocurrency blockchain technology and antecedent bread offerings ICOs The government will pay the champ 25 actor rubles out of the federal account The borderline for submissions is October 10
Also read: Bank of Russia Opposes Cryptocurrency Legalization, Worried About ‘Loss of Control’
Calling Crypto Researchers
According to the Russian government’s accessible accretion website, the State Duma is captivation a tender for the accomplishing of an expert-analytical study on banking technologies, including the cryptocurrency market, ICOs, and blockchain technology, bounded publications appear on Friday.
The borderline for applications is October 10. Each acquiescence will be advised and evaluated on October 17. The contract’s champ will accept an antecedent best acquittal of 2,498,800 roubles, account about $43,400 USD. The antecedent of the costs is listed as the Russian federal budget.
Business Online elaborated:
What the Research Should Entail
The official terms of reference for this activity accompaniment that the champ should “conduct a allusive assay of the latest banking technologies,” which includes blockchain technology, cryptocurrency, and ICOs. It specifies that the address should “explore the 
prerequisites for their appearance, appraise their affairs for the Russian banking market, as able-bodied as the achievability of added affiliation of the Russian and all-around banking markets beneath altered approaches to the authoritative appliance of avant-garde banking technologies.” In addition, any abeyant threats and risks that could “lead to abrogating after-effects for the economy” should be identified.
The abstraction should additionally accommodate an assay of how ICOs can be acclimated as “a acceptable another approach for mobilizing advance assets in the bazaar of another investments and advance approaches to the accumulation of a authoritative framework for their specific regulation.”
Finally, the breakable requires the champ to “develop proposals for countering threats and risks with instruments of accompaniment regulation.”
Basis for Legislation
Another allotment of the agreement of advertence describes the purpose of the project:
Currently, both the axial coffer and the accounts admiral are drafting acknowledged frameworks for cryptocurrency. News.Bitcoin.com afresh reported on the accounts admiral drafting a bill to approve cryptocurrencies such as bitcoin, which is accepted by the end of the year. However, the axial coffer has spoken against the amends of cryptocurrencies, advertence that “we will not acquiesce the use of cryptocurrency as a money substitute.”
What do you anticipate of the Russian government gluttonous cryptocurrency researchers? Let us apperceive in the comments area below.
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