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Bitcoin to be mined by Belarus – New Mining Data Center For Crypto

President of Belarus Alexander Lukashenko proposed to build a large data center for mining cryptocurrency next to the Belarusian nuclear power plant. Lukashenko described intention to build farms, mine Bitcoin, and sell the tokens. He added that “they say that if there is Bitcoin, it’s not a problem to sell it.” However, he added that Belarus plans to completely support the efforts of digital assets and the local digital economy. If the dates projected are accurate, then the […]

Belarus is a forward-thinking technology-powered nation

Minsk, Belarus

In December 2017, President Lukashenko signed a decree, which came into force three months later. According to some reports, Lukashenko allegedly said: “If it benefits us, it’s a plus. If not, I know who to blame.”  The decree marked a turning point in the evolution of the tech sector of the former Soviet republic with its 9.4 million citizens. It had an impact even before it was signed, says Dmitry Titov, the press secretary of the Belarusian high-tech […]

Software named Belarus’ main export to USA

Statue of Liberty

Software has become a number one export of Belarus to the USA, with the relevant figure past $0.5 billion. The fact was pointed out by Minister-Counsellor of the Embassy of Belarus in Russia Vadim Senyuta as he opened the second international conference “Designing the future. Digital reality problems” in the embassy on 7 February. The Digital Economy Development Ordinance was adopted in December 2017. The diplomat reminded that the ordinance had been presented at a similar forum […]

Belarus and New Developments in the Crypto Regulatory Framework

Belarus, which legalized business activities related to digital assets earlier this year, has now expanded its crypto-friendly regulatory framework. The High Technologies Park (HTP) in Minsk, where companies from the industry are welcome to register and operate, has announced new regulations aimed at creating even more favorable conditions for cryptocurrency startups. The former Soviet republic became one of the first jurisdictions in Europe to adopt legislation designed to attract crypto and blockchain companies when President Lukashenko’s decree […]

Belarusians Can Buy Cryptocurrencies Despite Losing Access to a Chinese Exchange.

Infamous chinese cryptocurrency exchange has informed Belarusian customers that its services will no longer be available in their country. Belarus is one of only a few jurisdictions in Europe that have adopted crypto-friendly regulations. The number of fintech entities operating in the country has been growing since President Alexander Lukashenko’s Decree No. 8 entered into force in March. Fortunately, other options are available. A number of online platforms offer exchange services in the post-Soviet space. Best Change, for […]

CFTC’s LabCFTC Releases Primer About Smart Contracts

The Primer Helps To Explain Smart Contract Technology And Related Risks And Challenges

The Primer Helps To Explain Smart Contract Technology And Related Risks And Challenges The Commodity Futures Trading Commission’s LabCFTC today released, “A CFTC Primer on Smart Contracts.” This primer is part of LabCFTC’s effort to engage with innovators and market participants on a range of financial technology (FinTech) topics, and follows on a 2017 primer on virtual currencies and the agency’s recent FinTech Forward conference. “Smart contracts are being used to drive further automation in our markets […]

CREXBY – Crypto Exchange Belarus – brought Belarus to the world of crypto.

New York – October 29, 2018 – The first Belarusian cryptocurrency exchange CREXBY officially opened in New York. The CREXBY Exchange is the first project in the field of new technologies and blockchains, publicly implemented by Belarusians after the Belarusian Presidential Decree “On the Development of the Digital Economy” entered into force on March 28, 2018. “CREXBY is a revolving door for Belarus to the outside world, and for the global community to Belarus; a multifunctional platform on […]

CREXBY– Crypto Exchange Belarus– представила Беларусь в мире.

Crexby Exchange

Нью-Йорк – 29 октября 2018 года– В Нью-Йорке официально начала работу первая белорусская криптовалютная биржа CREXBY. Биржа CREXBY стала первым настоящим проектом в сфере новых технологий и блокчейн, публично реализованным белорусами после вступления в силу Декрета Президента Беларуси «О развитии цифровой экономики» 28 марта 2018 года. «CREXBY – это вращающаяся дверь – для Беларуси во внешний мир, а глобального сообщества – в Беларусь; многофункциональная площадка, на которой кроме обмена и торгов, становится возможным реализация уникальных проектов – […]

New York Regulators Rubber Stamp Bitcoin ATM’s

The State Department of Financial Services ruled on Thursday that it has given its approval for a virtual currency license to Coinsource Inc. New York residents will be able to acquire bitcoin or sell it in exchange for fiat currency at kiosks very similar to ATMs around the city of New York. The kiosks are known as BTMs, or Bitcoin Teller Machines. Coinsource Inc, a bitcoin teller machine operator based out of Fort Worth, Texas, has implemented […]