Belarus Government Cuts Taxes For Crypto Businesses

The government of Belarus has passed new statutes aimed in part at encouraging the development of companies around cryptocurrency and blockchain. According to the state-owned media agency BelTA , on Dec. 22 Belarus President Alexander Lukashenko signed a digital economy development decree that legally enshrines the use of emerging technologies like blockchain, while also offering significant tax incentives in a bid to attract business activity. The decree, as summarized by a local IT firm that advocated for the legislation, boosts development of the country’s High-Tech Park, a special economic zone the government wants to serve as a hub for […]

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