The U.S. Department of State’s Investment Climate Statement: Belarus The U.S. Department of State’s Investment Climate Statements provide country-specific information on the business climates of more than 170 countries and are prepared by economic officers stationed in embassies and posts around the world. They analyze a variety of economies that are or could be markets for U.S. businesses of all sizes. High Technology Park (HTP) Created in 2005 to foster development of the IT and software development […]
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 […]
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 […]
Belarus was ranked 13th in the countries ranking according to the degree of Blockchain business-friendly conditions.
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 […]
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 […]
Belarus Blockchain Conference 2017 took place in Minsk, Belarus on November 24 2017. The conference brought together the brightest industry representatives and well-known Blockchain and Cryptocurrencies experts, who shared their vision of blockchain and cryptocurrencies development in Belarus and the world.