Growing Number of Crypto Companies Operating From Belarus

Economic system & Regulation

A quantity of cryptocurrency companies at the moment are based mostly within the Belarus Hello-Tech Park after the federal government in Minsk legalized crypto-related actions for its residents. Registering an entity within the particular financial zone was alleged to be a simple course of, however clearer tips and detailed laws are nonetheless wanted to draw extra buyers.

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Virtually 400 HTP Residents

Lower than eight months after President Lukashenko’s Decree №eight entered into pressure, the quantity of firms registered within the Belarus Excessive Applied sciences Park (HTP) has elevated to 388. Round half of them have grow to be residents of the financial zone this 12 months. The decree “On the Growth of the Digital Economic system” was signed by the Belarussian chief in December 2017. One of its essential objectives was to deliver international…

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