Quote from: Taki on November 24, 2017, 01:13:37 PM

Quote from: coolcountry on November 24, 2017, 01:04:29 PM

Isn't this good news? In my book any type of legalization is better than nothing at all. Increases the legitimacy of cryptocurrencies worldwide.

Of course this new is good. Many people call Lukashenko as totalitarian leader, but just look, he choose bitcoin's legalization meanwhile Belarus' neighbours are on the road of rough regulation. If this legalization will happen it will have only positive effect on bitcoin and all crypto currencies. It is just my opinion, but I see every new pump is coming after a country announce about bitcoin legalization.

I don't really know a lot about Lukashenko to be fair so I don't know what his reputation is exactly. But it's certainly a very positive development for Belarus and bitcoin. To be honest I don't think it will have a very big impact on the market but everything helps I guess. Hopefully the economy of Belarus will prosper and encounter more opportunities if this 'legalization' goes through.

Quote from: Yaunfitda on November 24, 2017, 02:32:31 PM

Quote from: Basmic on November 24, 2017, 12:40:57 PM

Belarus is entirely in the orbit of Russia's interests. It is part of a single economic Union with Russia. It means that Lukashenko won't be able to introduce the laws governing the circulation of cryptocurrency in the country. Putin is in no hurry to legalize cryptocurrencies in Russia and why it is safe to say that he will put pressure on Lukashenko with the aim to adhere to a unified legislation in this sphere.

But isn't it they are no longer under control of Russia? They are totally independent of each other and it Russia says no to bitcoin or crypto's, it doesn't mean that other states should follow as well. Putin will not legalize crypto in my opinion. But to put pressure on Lukashenko? I don't know how far on Lukashenko will give in such request.

He has his own roadmap for Belarus, and I think he made his decisions already to legalized and regulate it in their country. If he gives in to Putin request then it doesn't look good for his image as President of his country. For now lets consider this another win for the crypto market if he signs this into a law.

I hope you're right. I wouldn't be surprised at all if Putin still applies some kind of pressure on the Belarusian government and thus on Lukashenko.