Since March, Belarusian currency encryption activities will be formally recognized by law

nOn December 21 last year, Belarusian President Alexander Lukashenko officially signed a decree approving the legal status of cryptocurrencies, first digital token distribution (ICO) and smart contracts, and the decree now is March 28 effective. The decree does not impose any restrictions on cryptocurrency activities and stipulates that such activities will enjoy tax-exempt benefits by 2023. At the same time, however, it should be noted that “unlimited” does not imply any restrictions on the creation, private placement, storage, transfer and trading of tokens and the regulation of special requirements on crypto currency exchanges and cryptocurrencies platforms.n
nTranslation: Clovern
Belarussian President Alexander Lukashenko Signs Decree Approving Cryptocurrency, First Digital Token Distribution (ICO) and Smart Contract Legitimacy, which will enter into force in March 2018. This decree does not limit the activities of cryptocurrency and provides that tax-free treatment will be enjoyed in the cryptocurrency activities by 2023.n
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Encrypted currency is about to be legaln
Belarus, a law recognizing the cryptocurrency, the first digital token issuance (ICO) and the legal status of smart contracts, will come into force on March 28. According to news.Bitcoin.com previously reported that the decree “Development of the Digital Economy” was signed by President Alexander Lukashenko on December 21.n
Belarusian law firm Vlasova Mikhel

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