At ICO-Hypethon blockchain event in St. Petersburg, Elina Sidorenko warned investors of using token stocks.
According to the head of a working group on cryptocurrency exchange risk assessment at the Russian State Duma, the legal status of this asset raises the biggest amount of questions among lawmakers.
“Run like hell from token stocks. This asset is aligned with both Russian and foreign jurisdictions. As to token stocks, everything should be executed in a proper way,” Elina Sidorenko stresses.
She also adds that it is better for investors to prefer token certificates or tokens allowing to use startup services. At the same time, she notes that Russian laws treat ICOs positively.
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