Belarus Legalizes Cryptocurrencies and ICOs – Tax-Free for Five Years

“The president of Belarus, Alexander Lukashenko, has signed a decree which legalizes cryptocurrencies, initial coin offerings (ICOs), and smart contracts. All crypto transactions and related income, including from mining, will be tax-free for the next five years. The decree creates unprecedented conditions for residents of the Belarusian High-Tech Park (HTP).  Legal entities in HTP can attract investments by issuing their own ICO tokens as well as buying and selling them through crypto exchanges.”

Read more: https://news.bitcoin.com/belarus-legalizes-cryptocurrencies-icos-tax-free/