Belarus

Coinidol.com World news outlet reports on the latest news from the world of Blockchain and Cryptocurrency.

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 (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.

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.

The official Apple service center and shop in Minsk, Belarus, announced that it has started to accept Bitcoin and Ethereum as payment for its goods and services.

Ambitious P2P, cryptocurrency and Blockchain-based projects win the FinTech Hackathon in Belarus.

Bipart, a Belarusian Institute for reform and transformation of public administration, and SIMPA, a center for Research on Public Administration, have recently published a report describing the possibility of using Blockchain technology in the electronic governance of the Republic of Belarus.