The Ministry of communications and RF re-sent to the conclusion of the draft law “On accreditation of organizations, providing the possibility of issuing digital tokens”. Despite the remark from the chamber of Commerce, remained unchanged paragraph about the required capital for ICO-platforms in the amount of 100 million rubles.

Representatives of agencies did not agree that the requirement for minimum registered capital are excessive and may lead to monopolization of the market of a major stock players.

“The criterion of the sum of the capital of the organization not less than 100 million rubles are needed to provide trusted manufacturers token”, — said in comments to the document.

It should be noted that no corrections left and most of the other comments to a previous version of the bill.

At the same time, the Agency did not oblige the organization wishing to issue digital tokens to be accredited.

“Accreditation of organizations that provide the possibility of issuing a digital token is voluntary and is not required to issue digital tokens”, — said representatives of the Ministry of communications.

According to information on the Federal portal of projects of normative legal acts currently under consideration by the government the text of the bill is at the stage of preparation of conclusion on the regulatory impact assessment.

We will remind, in February the Ministry of communications published a draft decree, according to which accreditation for the issuers of the tokens will be issued for five years. However, the organization must be registered in the country as a legal entity, have registered capital of not less than 100 million rubles, and the license for activity implementation on development, production, distribution of cryptographic means.

Later, the head of the Ministry Nikolai Nikiforov explained that the requirement for minimum registered capital in the amount of 100 million rubles only applies to organizations that want to become platform for issuing tokens, and will not affect all, without exception, companies that are planning ICO.