Cryptolegalization in Belarus: Will the last dictatorship in Eastern Europe become next Singapore ?

Dmitry Dyakonov
Bitfwd

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This post was crafted to be as informative and engaging as possible. It illustrates the upcoming reforms by Belarussian Decree #8 in a short infographic.

“Law on development of digital economy” aka Decree#8

he Law of the President of the Republic of Belarus “On the Development of a Digital Economy”, specifying cryptocurrency status and new conditions for High-Tech Park (HTP) has been signed on late 21 of December 2017. The Law introduces some liberalisation of the business environment for the innovative and high-tech sector and the status of cryptocurrency at the territory of Republic of Belarus. Almost all the regulations derived from this decree will come into force 3 months after its official publication. Below are the key takeaway points and the measures that will be taken:

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