Topic: Crypto Business Is Now Legal in Belarus (Read 424 times)
legalization of the crypto currency in Belarus is a Lukashenko's PR
Belarus is making huge steps towards crypto. I think that this approach will be very profitable for the country in a long term. Waiting for other countries to follow
Eastern European (especially the former USSR) countries are infamous for the difficulty in doing business. Nothing moves there if you don't want to bribe the officials and the bureaucrats. I just hope that the situation in Belarus is different from that in Russia and Ukraine.
We all know that Belarus has weak economic, this is clear agricultural country. Legalization of crypto would move Belarus on totally new level on whole post USSR territory, course other countries from this union are still did not decided what exactly to do with cryptos. Bravo Belarus! Show them all!
Crypto-related activities are now considered legal in Belarus. The presidential decree “On the Development of the Digital Economy” came into force on March 28. The country aims to become a global IT hub luring entrepreneurs from around the world with a business-friendly environment. Unprecedented freedoms and generous incentives are enticing crypto companies to invest in the former Soviet republic.
This is really a smoothing news heard. I wish every country which are yet to accept bitcoin should listen to this news from Belarus leader. They are really for ahead and foreseeing their growth with digital money / crypto currencies. Does not this make you welcomed? I am sure certainly, Belarus is going to be the top listed country in wealth very soon. Why can't India, Pakistan and other countries see this news?
Belarus is making huge steps towards crypto. I think that this approach will be very profitable for the country in a long term. Waiting for other countries to follow
Why are you worried about what's good for the country? Are you a government official? It seems to me that the main task of the existence of any state should be comfortable living conditions for all citizens of this country. You offer people to take care of the state. You have to change your priorities.
Belarus is making huge steps towards crypto. I think that this approach will be very profitable for the country in a long term. Waiting for other countries to follow
It's a great news when crypto currency is legal in some country especially in Belarus. In means crypto currency for some people still needed. Some investors still buy and hold in some coins. I hope in the future many country accept and legal crypto currency world will grow fast.
I think you pin a lot of hopes on the process of legalization of cryptocurrencies. You need to have more realistic thoughts. If governments regulate the turnover of cryptocurrencies, it can have the opposite effect. We may face an outflow of capital from cryptocurrencies. The most important property that attracts large capital to cryptocurrencies is decentralization and the inability of the government to control users of cryptocurrencies. This is now being questioned. Perhaps this was the reason for the current fall in prices? 
I would like to extend my congratulation to the people of Belarus for sure now they are celebrating and very happy about the good news they have right now in their country, hope that some countries who banned bitcoin will consider to evaluate again what is in bitcoin why some countries regulating it.
Я дyмaю чтo для Бeлapycи в цeлoм этo oчeнь бoльшoй шaг впepeд. Ho здecь вaжнa oднa дeтaль - зa гpaницeй кpиптoвaлюты нaбpaли oбopoты и paзвивaютcя yжe дaвнo и интeнcивнo - вoпpoc : кaк быcтpo и мнoгo ли cпeциaлиcтoв бyдyт paзвивaть имeннo этo нaпpaвлeниe, и нacкoлькo кpиптa нaбepeт пoпyляpнocть. Пpивлeчeниe cпeциaлиcтoв и тpeнepoв из Poccии дyмaю oчeнь пoмoглo - пocкoлькy нa мoй взгляд тaм бoльшee кoличecтвo пpoфeccиoнaлoв нeжeли в Бeлapycи.
Congrats to the people of Belarus about legalizing crypto business in your country. This will allow for many people from this country to trade and transact business with crypto currency freely without restriction. This will also boost the economic development of this country. I hope other countries in the world will emulate this gesture.
Belarus, a country suffering from a bad reputation with politicians in the West, is now poised to improve its image with western Moscow allies close to Moscow, also called the last dictatorship in Europe, becoming European leader as far as freedom crypto is concerned. Comprehensive regulation, which largely legislates the crypto sector, is now officially in force.
with all the "last dictatorship of Europe" stigma,Belorus has a democratically elected president,no dictatorship there whatsoever
it is just another western media fake news
if a country and its leader don't suit the west they brand them dictators,war mongers,evil etc.
take it with a pinch of salt,will ya
Belarus can become the flagship for the cryptocurrency in Europe,if the legislation is supported by the goverment and the business
otherwise it could become just an empty declaration,we will monitor the news closely as this is important for both Belarus and Russia
and ,probably,to many european countries as well,to serve as a stimulus to adopt same measures
believe me or not but there is much more freedom there than you can imagine
communist ideology? are you being serious? have a look at the Ukraine-the communist party has been outlawed
Latvia,Lithuania,Estonia all of them do not have any of the communist ideology whatsoever
Russia-P.Grudinin,the communist party candidate, got 11% of the votes,kinda shows you how popular it is
stop listening to the news and try to get information from different sources,
ambiguous reputation ,love the high horse approach
business will invest where the capital gets the most profit,so if it is profitable to invest in cryptobusinesses in Belarus,the money will flow
Germany,France,Poland hell,even Great Britain are buying russian gas,even if they are crying that the russians are evil at every corner
It's a great step forward for crypto in its entirety, because what happens in one country will eventually happen in other countries as well. Japan has been a benchmark in the Asian region when it comes to how they benefit from an open minded stance when it comes to crypto, and Belarus can hopefully do the same in their field. The only thing to do take into consideration, is the fact that Belarus isn't really that attractive for major entities in the crypto world due to the situation there, and the unstable government. I first want to see if they manage to keep word consistently for a few years straight. After their main vision will be more clear, it very likely will give even international players the incentive to settle themselves there.
I agree and I hope other countries would follow suit and this would have a domino effect. However, with the said unattractive state and unstable government of Belarus, others may not look up to it as a role model for others within the cryptospace to follow. Perhaps they have done so in the hopes to improve their economy. Legalizing cryptocurrencies opens up a lot of new opportunities and new businesses may be started to attract foreign investors.
I read also this news from good source
https://news.bitcoin.com/crypto-business-is-now-legal-in-belarus
"Crypto Business Is Now Legal in Belarus" - "Crypto Activities Are Free, Tax-Free"
With kind of information i got from source wikipedia, that
Economy of Belarus
GDP [Gross Domestic Product] Increase$173 billion (2017 est.)
GDP by sector agriculture (9.1%), industry (47.2%), services (43.7%) (2012 est.)
By stats, their citizen has huge interest in industry and services area, this is good point for both party either country accepting crypto and citizen using crypto for improving their business sector. The President Alexander Lukashenko has taken good decision with this issue.
https://news.bitcoin.com/crypto-business-is-now-legal-in-belarus
"Crypto Business Is Now Legal in Belarus" - "Crypto Activities Are Free, Tax-Free"
Quote
Decree №8, signed by President Alexander Lukashenko in December, entered into force on March 28 to create conditions for the development of the digital economy in Belarus. It effectively legalizes crypto business activities, like exchange services, initial coin offerings, mining operations, smart contracts.
With kind of information i got from source wikipedia, that
Economy of Belarus
GDP [Gross Domestic Product] Increase$173 billion (2017 est.)
GDP by sector agriculture (9.1%), industry (47.2%), services (43.7%) (2012 est.)
By stats, their citizen has huge interest in industry and services area, this is good point for both party either country accepting crypto and citizen using crypto for improving their business sector. The President Alexander Lukashenko has taken good decision with this issue.
So... is crypto business different from the regular business? how so?
It's a great news when crypto currency is legal in some country especially in Belarus. In means crypto currency for some people still needed. Some investors still buy and hold in some coins. I hope in the future many country accept and legal crypto currency world will grow fast.
Belarus, a country suffering from a bad reputation with politicians in the West, is now poised to improve its image with western Moscow allies close to Moscow, also called the last dictatorship in Europe, becoming European leader as far as freedom crypto is concerned. Comprehensive regulation, which largely legislates the crypto sector, is now officially in force.
with all the "last dictatorship of Europe" stigma,Belorus has a democratically elected president,no dictatorship there whatsoever
it is just another western media fake news
if a country and its leader don't suit the west they brand them dictators,war mongers,evil etc.
take it with a pinch of salt,will ya
Belarus can become the flagship for the cryptocurrency in Europe,if the legislation is supported by the goverment and the business
otherwise it could become just an empty declaration,we will monitor the news closely as this is important for both Belarus and Russia
and ,probably,to many european countries as well,to serve as a stimulus to adopt same measures
Crypto currency is a different matter to them.
Belarus, a country suffering from a bad reputation with politicians in the West, is now poised to improve its image with western Moscow allies close to Moscow, also called the last dictatorship in Europe, becoming European leader as far as freedom crypto is concerned. Comprehensive regulation, which largely legislates the crypto sector, is now officially in force.
with all the "last dictatorship of Europe" stigma,Belorus has a democratically elected president,no dictatorship there whatsoever
it is just another western media fake news
if a country and its leader don't suit the west they brand them dictators,war mongers,evil etc.
take it with a pinch of salt,will ya
Belarus can become the flagship for the cryptocurrency in Europe,if the legislation is supported by the goverment and the business
otherwise it could become just an empty declaration,we will monitor the news closely as this is important for both Belarus and Russia
and ,probably,to many european countries as well,to serve as a stimulus to adopt same measures
Crypto-related activities are now considered legal in Belarus. The presidential decree “On the Development of the Digital Economy” came into force on March 28. The country aims to become a global IT hub luring entrepreneurs from around the world with a business-friendly environment. Unprecedented freedoms and generous incentives are enticing crypto companies to invest in the former Soviet republic.
A really great news for all the crypto business maniacs all around the world. Crypto businesses have been on a great roar around the world. There are new ICOs coming up everyday to establish their names in the market. So belarus is really giving a great opportunity to all of them and not to forget that most of the countries don't even recognize crypto as legal whereas this country is giving incentives for the same. Belarus might be aiming to create a business friendly economy.
good news,we need some kind of good news like that for the recovery of btc. good decision from Belarus government by allow their country to new technology
Belarus, a country suffering from a bad reputation with politicians in the West, is now poised to improve its image with western Moscow allies close to Moscow, also called the last dictatorship in Europe, becoming European leader as far as freedom crypto is concerned. Comprehensive regulation, which largely legislates the crypto sector, is now officially in force.
with all the "last dictatorship of Europe" stigma,Belorus has a democratically elected president,no dictatorship there whatsoever
it is just another western media fake news
if a country and its leader don't suit the west they brand them dictators,war mongers,evil etc.
take it with a pinch of salt,will ya
Belarus can become the flagship for the cryptocurrency in Europe,if the legislation is supported by the goverment and the business
otherwise it could become just an empty declaration,we will monitor the news closely as this is important for both Belarus and Russia
and ,probably,to many european countries as well,to serve as a stimulus to adopt same measures
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