Russia's central bank just said ICOs have 'huge potential'

Shutterstock "Hopefully, ICO[s] will take a rightful place on Russia’s financial market," a senior Russian central bank official reportedly said. The non-regulatory Bank of Russia published a stern warning about ICOs in September. Shvetsov's remarks come weeks after Russian president Vladimir Putin issued several official orders related to cryptocurrencies, including one that mandated the creation of new rules around ICOs. A senior official at Russia's central bank said earlier today that he b...