Belarusian President Alexander Lukashenko To Sign Decree Legalizing Cryptocurrencies

Belarus President Alexander Lukashenko is expected to sign the draft decree on the Belarusian High-Tech Park (HTP) that will make the use of digital currencies in the country lawful.

Under the draft, virtual currencies and initial coin offerings (ICO), as well as mining will already be allowed in the country, while exchanges can trade rubles for cryptocurrencies.

According to major Belarusian information technology (IT) holding firm the Belhard Group CEO Igor Mamonenko, the virtual currencies and ICOs should be fully regulated in order to protect all players in the market.

“The maximum legalization is needed…The existing laws do not prohibit such activity directly, but it is necessary to reform the legislation so that it protects all participants.”

[…]

Read Full: Belarusian President Alexander Lukashenko To Sign Decree Legalizing Cryptocurren…