BELARUS: The First Country To Regulate Crypto With Super-Liberal Pro-Blockchain Regulations

in #cryptocurrency7 years ago (edited)


Source

Belarus becomes the first country to legislate the legal framework for Cryptocurrencies, ICOs and Blockchain projects. The new legislation aims to remove bureaucracy which could potentially hinder Blockchain’s implementation, making Belarus the first country with super-liberal crypto environment with 100% absence of bureaucracy in addition to 5-year tax break to facilitate all levels of Blockchain adoption.

With the new regulations Belarus aspires to become the front runner in becoming the destination of choice for crypto businesses.

Earlier this year Kazakstan announced that the country wishes to become the “second after Japan” to “recognize the need for the development of the cryptocurrency market system at the governmental level. Signing a pact with Deloitte and Wave, government of Kazakstan clearly indicated its determination to become "New Singapore" in the field of blockchain.

It is pretty clear that more countries will soon follow suite making the future of cryptocurrency more certain and brighter in 2018.


Source

For further reading:
https://www.coindesk.com/belarus-government-cuts-taxes-crypto-businesses/
https://bitcoinist.com/belarus-cryptocurrencies-icos-now-legal-tax-free-five-years/
https://cointelegraph.com/news/kazakhstan-signs-innovation-pact-to-become-blockchain-singapore!

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The Future its Here
haha
@bitbulls i have my fist investment made in bitcoins i told to my self i have to learn this year lol
can you advice me little of what to do with them lol
thx and Merry Christmas

@valblomqvist, I would prefer investing in Bitcoin Cash and Steem instead of Bitcoin and just hold on to Bitcoin. Use Autonio to multiply your investment in 2018 Hahaha.

The world it ours HEHEHE !!!

@ormus it's ours and it's NOW. So make hey while the sun shines.

That's great news for all crypto lovers!!

This is a great post and a great step towards cypto universal recognition I am going to research more on how to take advantage.. ie are they going to expedite visas and market free zones for business to be able to set up shop etc.. that can be very cumbersome in a bureaucratic bloated country.. more research is in order for sure. I followed and upvoted hope you do the same.

Thanks @romanaround for commenting. The President of Belarus means business. He promised zero bureaucracy. So setting up shop to be absolutely frictionless. Upvoted and followed you back.

Great news man love it thank you very much for sharing this with me...

You are welcome my friend.

Thank you so much. It's an important and trending news.Cryptcurreny (blockchain) is also great currency.I am waiting for your next writing.It's an informative article.

Bonjour, quel superbe article, il est très bien détaillé, ça à dû vous prendre beaucoup temps, pas vrai ?
Vous méritez d'être plus populaires sur la plateforme steemit, car votre travail fourni et passionnant et très impressionnant ;)
Ravie de vous connaître, mon nouveau ami.
J'espère que tu pourras aller voir mon contenu sur mon blog ;) et tu donne ton avis, ok ?
https://steemit.com/@katouna
Bonne journée ;)

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