Cryptocurrencies: Legal and Tax-Free

President Alexander Lukashenko

The Belarusian President Alexander Lukashenko signed a decree on the legality of cryptocurrencies. It detailed that trading of cryptocurrencies, Initial Coin Offerings and smart contracts would be legal in Belarus. The decree is set to be effective from 28th of March. It also emphasized that the cryptocurrencies will be tax-free until 2023.

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