Cryptos attracts New Crypto Accounting Standards in Belarus

Cryptos attracts New Crypto Accounting Standards in Belarus

New Accounting standards have been formulated, by the Finance Ministry in Minsk, concerning cryptocurrencies. It is said that the ICO tokens would be classified as investments, either long-term or short-term financial investments. The National Chart of Accounts has also been modified impacting the accounting statements and consolidated financial statements of companies.

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