🇧🇾 Belarus, our closest neighbor, was one of the first countries to set up official legislation concerning cryptocurrencies. The regulatory framework includes tax exemptions, AML laws, data protection requirements and other legal questions.
This was the right decision as now this region has become one of the most attractive for investors all over the world.
https://coinjournal.net/belarus-high-tech-park-introduces-additional-crypto-blockchain-regulations/
This was the right decision as now this region has become one of the most attractive for investors all over the world.
https://coinjournal.net/belarus-high-tech-park-introduces-additional-crypto-blockchain-regulations/
CoinJournal
Belarus High Tech Park Introduces Additional Crypto, Blockchain Regulations - CoinJournal
Building on its first Decree No. 8 On the Development of the Digital Economy (December 2017), special economic zone the Belarus High Technologies Park (HTP) has announced the establishment of additional regulations for companies operating in the cryptocurrency…
The national stable coin is a great step in blockchain mass adoption for any country. It's a cool compromise between authorities that need to control money issuance and the advantages of cryptocurrencies, such as speed and low fees.
Several countries have already issued their own cryptocurrencies (el Petro in Venezuela, DigiCash is Tunisia). Now Russia takes the same course.
https://cointelegraph.com/news/state-duma-chairman-russian-stablecoin-would-be-equivalent-to-fiat-ruble-in-digital-space
Several countries have already issued their own cryptocurrencies (el Petro in Venezuela, DigiCash is Tunisia). Now Russia takes the same course.
https://cointelegraph.com/news/state-duma-chairman-russian-stablecoin-would-be-equivalent-to-fiat-ruble-in-digital-space
Cointelegraph
State Duma Chairman: Russian Stablecoin Would Be Equivalent to Fiat Ruble in ‘Digital Space’
The chairman of Russia’s State Duma Committee on Financial Markets has said that a state-backed stablecoin would be a complete equivalent to the Russian fiat ruble.
📈 According to BDcenter report, 15% of the overall crypto exchange users are located in Russia. Since there are no special regulations, all these users have to stay in the grey zone. BitRussia aims to change this situation for the better offering the possibility to invest.
Follow our channel to learn more!
Follow our channel to learn more!
‼️ Russian authorities are to consider new laws: Investment Platform Operators Act and Digital Asset Act are the most wanted bills go for the 2nd reading in December.
👍🏻 "Digital Assets" and "Smart Contract" are the terms to be introduced to move forward legalization process. Currently, cryptocurrencies are not legal on our territory, so let's keep our fingers crossed!
👍🏻 "Digital Assets" and "Smart Contract" are the terms to be introduced to move forward legalization process. Currently, cryptocurrencies are not legal on our territory, so let's keep our fingers crossed!
👍🏻 WorkHero is a powerful tool based on smart contracts to help you find professionals to solve any task: developing, marketing, copywriting, video production, finance, law and much more.
🛡Transactions are secured by BitRussia ecosystem and the decentralized ledger technology!
🛡Transactions are secured by BitRussia ecosystem and the decentralized ledger technology!
‼️ Despite the current downtrend of the crypto market, huge state companies such as Sberbank still seek how to make use of the blockchain technologies to automate some parts of the deals following the European colleagues.
👍🏻 Sberbank has been testing the new technologies since January this year and now we can see the positive results.
https://www.coindesk.com/russias-sberbank-uses-smart-contract-to-settle-three-way-repo-deal
👍🏻 Sberbank has been testing the new technologies since January this year and now we can see the positive results.
https://www.coindesk.com/russias-sberbank-uses-smart-contract-to-settle-three-way-repo-deal
CoinDesk
Russia’s Sberbank Uses Smart Contract to Settle Three-Way Repo Deal
Russia’s Sberbank has settled a three-way repurchase agreement using blockchain tech, calling it a "world's first."
‼️ BitRussia founder Ivan Rodionov to participate in RBC conference about legal regulation of cryptocurrency in Russia.
🗺 This remarkable event will take place tomorrow at Mariott Arbat, Moscow. Registration opens at 9 a.m. Book yourself a ticket, too!
https://bc.rbc.ru/event/5bb75ea09a7947d748784622
🗺 This remarkable event will take place tomorrow at Mariott Arbat, Moscow. Registration opens at 9 a.m. Book yourself a ticket, too!
https://bc.rbc.ru/event/5bb75ea09a7947d748784622
Мероприятия РБК
Правовое регулирование криптовалют в России: новые вызовы и возможности :: Новости :: Мероприятия РБК
Мероприятия РБК :: Правовое регулирование криптовалют в России: новые вызовы и возможности :: Новости
↗️ Summing up the G20 summit results: cryptocurrencies are acknowledged to be important, but further regulations should be imposed on the industry.
↗️ In the current market state, the questions of the tax evasion and Anti-Money-Laundering (AML) concerns are especially acute. The new standards to be applied in the upcoming year of 2019.
https://cointelegraph.com/news/g-20-summit-results-crypto-is-important-for-global-economy-needs-to-be-regulated-and-taxed
↗️ In the current market state, the questions of the tax evasion and Anti-Money-Laundering (AML) concerns are especially acute. The new standards to be applied in the upcoming year of 2019.
https://cointelegraph.com/news/g-20-summit-results-crypto-is-important-for-global-economy-needs-to-be-regulated-and-taxed
Cointelegraph
G-20 Summit Results: Crypto Is Important for Global Economy, Needs to Be Regulated and Taxed
Recap of the G-20 summit in Argentina.
‼️ Gazprombank aims to implement the solution to help clients manage their investment portfolios across multiple asset classes including cryptocurrencies. This decision aims to cater for BTC and other cryptocurrency-oriented clients.
👍🏻 The attention of the huge state-backed banks towards cryptos talks for itself.
https://www.ccn.com/gazprombank-forges-new-partnership-to-offer-crypto-assets-services/
👍🏻 The attention of the huge state-backed banks towards cryptos talks for itself.
https://www.ccn.com/gazprombank-forges-new-partnership-to-offer-crypto-assets-services/
CCN.com
Gazprombank Forges New Partnership to Offer Crypto Assets Services
The Swiss wing of Russia's Gazprombank will start offering crypto assets services by mid-2019, according to a press release published by its bank-tech partner Avaloq.
Yesterday at the RBC conference, the following topics were discussed:
🔸 crowdfunding problematics and regulation worldwide
🔸 how legalization in Russia will help to solve these problems
🔸 the rules for operators of investments platforms from the legal perspective
The event was remarkable indeed for the Russian crypto community. Here are some awesome photos:
🔸 crowdfunding problematics and regulation worldwide
🔸 how legalization in Russia will help to solve these problems
🔸 the rules for operators of investments platforms from the legal perspective
The event was remarkable indeed for the Russian crypto community. Here are some awesome photos:
👍🏻 Good news from the battlefield of cryptocurrency legislation in Russia. The bill on digital financial assets is not going to be edited too much, so it has all the chances to pass to the next reading soon. Let's keep our fingers crossed!
https://cointelegraph.com/news/russian-deputy-prime-minister-draft-crypto-legislation-wont-be-significantly-edited
https://cointelegraph.com/news/russian-deputy-prime-minister-draft-crypto-legislation-wont-be-significantly-edited
Cointelegraph
Russian Deputy Prime Minister: Draft Crypto Legislation Won’t Be ‘Significantly’ Edited
Russia’s cryptocurrency legislation draft won’t be dramatically changed, according to deputy prime minister Maxim Akimov.
💲 During the downtrend, stable coins are something to help you save your crypto investments since their rate always equals to 1 unit of a fiat currency. One more stable coin was to be launched by the startup Basis funded by none other than Google itself.
However, the launch never happened due to SEC tight regulations.
‼️ BitRussia plans to launch own stable coin in the Russian jurisdiction since the legislation is not so tight here.
https://ambcrypto.com/secs-tight-regulations-see-google-funded-startup-basis-stablecoin-project-close-shop/
However, the launch never happened due to SEC tight regulations.
‼️ BitRussia plans to launch own stable coin in the Russian jurisdiction since the legislation is not so tight here.
https://ambcrypto.com/secs-tight-regulations-see-google-funded-startup-basis-stablecoin-project-close-shop/
Among the countries that are most friendly towards cryptos are
- Switzerland
- Malta
- UK
- Germany
- Hong Kong
- Australia
- US
and many more.
Authorities in these regions have started to actively work on qualifying the legal status of cryptocurrency or already successfully completed this task.
Russia is getting closer to legalization questions as well, and hopefully, startups will soon be able to legally raise funds here, too.
https://lawstrust.com/en/ico/pravovoj-status-kriptovalyut/crypto-friendly
- Switzerland
- Malta
- UK
- Germany
- Hong Kong
- Australia
- US
and many more.
Authorities in these regions have started to actively work on qualifying the legal status of cryptocurrency or already successfully completed this task.
Russia is getting closer to legalization questions as well, and hopefully, startups will soon be able to legally raise funds here, too.
https://lawstrust.com/en/ico/pravovoj-status-kriptovalyut/crypto-friendly
Lawstrust
Crypto-friendly countries
Crypto-friendly jurisdictions This category can conditionally include all countries where the state bodies have already started active work on determining legal status of cryptocurrency, or have already successfully completed such work. Australia Australia…
BitRussia aims to solve the following problems in cryptocurrency regulation:
🔸trust between projects and investors, BitRussia will serve as a mediator to secure investor's funds
🔸integration with traditional banking solutions and classic banking products
🔸creation of a whole ecosystem for running advanced business processes
Follow our channel to learn more!
🔸trust between projects and investors, BitRussia will serve as a mediator to secure investor's funds
🔸integration with traditional banking solutions and classic banking products
🔸creation of a whole ecosystem for running advanced business processes
Follow our channel to learn more!
🇮🇷 Iran aims to issue at least 2 state-backed virtual currencies to by-pass the US sanctions. Before that, officials accepted cryptocurrency mining as an official industry and signed a trilateral agreement of cooperation regarding blockchain technologies with Russia and Armenia.
The experts from all 3 countries come together to share the experience and find the practical use for blockchain-based applications.
https://www.al-monitor.com/pulse/originals/2018/12/iran-cryptocurrency-blockchain-swift-russia-agreement.html
The experts from all 3 countries come together to share the experience and find the practical use for blockchain-based applications.
https://www.al-monitor.com/pulse/originals/2018/12/iran-cryptocurrency-blockchain-swift-russia-agreement.html
Al-Monitor
US sanctions accelerate Iran’s blockchain drive
Iran is accelerating work on its blockchain-enabled projects, which could potentially include a multilateral replacement for SWIFT, in light of the reimposed US sanctions.