Apr 16, 2019 at 10:19
Belarus to Mine Bitcoin Under President Lukashenko Guidance
As Bitcoin continues to trade above $5,000, the President of Belarus, Alexander Lukashenko, revealed that his government will support innovation initiatives associated with cryptocurrency (such as Bitcoin, Ethereum, Ripple) and blockchain technology. He suggests opening a mining farm for crypto.
Belarus to Become the First Country to Incorporate Cryptocurrency Accounting Standards
Intending to use the global interest in digital currency to benefit the country’s budget, Belarus has officially presented information containing cryptocurrency accounting standards, as the recent document issued by the Ministry of Finance states. The document has outlined the ways of categorizing virtual coins that are obtained from organizations.
Play2Live Will Host and Broadcast Worldwide the First Esports Tournament with Crypto Prize Pool
Play2Live (P2L), the first full-blown blockchain-based streaming platform for gamers and esports fans, will host the world’s first esport tournament with crypto prize pool. The tournament will take place in the capital of Belarus, Minsk, and will be broadcasted by P2L worldwide in seven languages: English, Russian, Chinese, Korean, Spanish, Portuguese, and German.
Belarus Legalizing Cryptocurrency Mining, Trading and Payments
Alexander Lukashenko, the President of Belarus has signed a Decree on the development of the Blockchain-based digital economy, which also implies the official development of cryptocurrency payment acceptance, mining and trading. Moreover, tax privileges will be introduced for transactions with cryptocurrencies.