Post
Topic
Board Bitcoin Discussion
Re: Belarus President Signed A Decree That Legalizes Mining And Cryptocurrencies
by
Falgorn
on 26/12/2017, 05:24:51 UTC
"Thus, the decree establishes conditions for using of cryptocurrency and tokens, and also introduces tax credits for cryptocurrency transactions."

Wow! They are giving tax credits for cryptocurrency transactions while other countries are trying to ban cryptocurrencies. Good for them

which countries are trying to "ban cryptocurrencies"?

i have seen many attempts to ban ICOs since it is illegal to raise funds like this.
and i have seen a lot of concerns about usage of cryptocurrencies in illegal activities and also lots of concerns regarding taxes but i have never seen that many countries (2 or 3 to be exact) that ever tried actually banning them.
On December 18, when bitkoyne was still at the peak of its value of about $ 20,000, bitkoyn and other crypto-currencies were completely banned in Kuwait. Apparently, in this country, the inflation of bitcoins as a financial bubble was frightened.
      As for the legalization of the crypto currency in Belarus, it was really an unexpected step on the part of President Lukashenko. Now Belarus has become the most attractive country for mining and I think that the Chinese will take advantage of this opportunity, especially since the climate there is suitable for this.