Topic: Cryptocurrency activities will be legal and tax free in Belarus - page 2. (Read 207 times)
January 19, 2018, 10:44:48 AM
This is good news for the existing investors as the price will rise and thus people can make huge profit by selling current bitcoins.
January 19, 2018, 10:29:29 AM
This is a great news! Surely, when people hear about this news, it will attract more investors which will help the movement of the bitcoin's price in the market. We need more news like this, which install positive views towards bitcoin rather than FUDs which degrades and devalues bitcoin. Good work, Belarus!
January 19, 2018, 09:14:56 AM
Being legal on the country is very nice to much good when tax free. Because in phil. 15%, tax.
January 19, 2018, 08:56:48 AM
This is great news! Belarus has done something great.
January 19, 2018, 08:53:43 AM
That's a very uplifting news to say the least, knowing that most countries that were formerly associated with heavy bitcoin trades are now considering to ban the exchanges and the use of bitcoin all in all in their nation. South Korea is on the verge of banning everything bitcoin-related and that's already hurting the market before a decision is even made. This news helps somehow in a positive way though let's admit it, the press would only cover the negative things and would disregard positive things happening around bitcoin especially when it's crashing real hard. Way to go, Belarus! Hope they don't change their minds sooner.
January 19, 2018, 03:55:50 AM
wow, this was unexpected regarding taxation!
I could see the legalization and flexible taxation laws, which happens in a lot of countries including Japan, but to have NO tax on trading and mining and other stuff is really unexpected. looks like their government is not greedy!
this would help increase the adoption of cryptocurrencies in this small country. but it also may help creation of a lot of ICOs since that is also legal and tax free, I just hope they don't abuse this and don't start creating lots of bullshit ICOs there!
Quote
Activity such as mining, acquisition, alienation of tokens, carried out by individuals, are not entrepreneurial activities, and tokens are not subject to declaration. At the same time, until 2023, activities related to mining, the creation, acquisition and alienation of tokens are not taxed.
I could see the legalization and flexible taxation laws, which happens in a lot of countries including Japan, but to have NO tax on trading and mining and other stuff is really unexpected. looks like their government is not greedy!
this would help increase the adoption of cryptocurrencies in this small country. but it also may help creation of a lot of ICOs since that is also legal and tax free, I just hope they don't abuse this and don't start creating lots of bullshit ICOs there!
January 19, 2018, 03:27:25 AM
This is actually a big slap to south korea and china from a relatively small country.
Belarus is trying to pull new investment from foreigners which they likely get after this decree. More and more bitcoin trading platform might move to belarus as well as number of new companies will be registered there to run ICO without any legal headace.
I also like to move there and live there trading cryptocurrencies.
Belarus is trying to pull new investment from foreigners which they likely get after this decree. More and more bitcoin trading platform might move to belarus as well as number of new companies will be registered there to run ICO without any legal headace.
I also like to move there and live there trading cryptocurrencies.
January 19, 2018, 03:23:29 AM
That's a very great news. Congratulations. I wish more country should do this. To become a better world we need to accept block chain, Bitcoin etc. My country also not accepting Bitcoin yet. Hope that with 2019 my country will be come a block chain and crypto currency user too.
January 19, 2018, 03:14:43 AM
Full article here
Well this was quite unexpected and very refreshing when more and more countries have a different position on cryptocurrencies right now.
(“Belarus becomes the first country in the world to legalize smart contracts at the country level”)
Such good news and smart position of the government there, willing to leave freedom to all citizens, and probably trying to attract more people and wealth in the country. Thumbs up.
Well this was quite unexpected and very refreshing when more and more countries have a different position on cryptocurrencies right now.
(“Belarus becomes the first country in the world to legalize smart contracts at the country level”)
Such good news and smart position of the government there, willing to leave freedom to all citizens, and probably trying to attract more people and wealth in the country. Thumbs up.
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