Crypto-related activities are now considered legal in Belarus. The presidential decree “On the Development of the Digital Economy” came into force on March 28. The country aims to become a global IT hub luring entrepreneurs from around the world with a business-friendly environment. Unprecedented freedoms and generous incentives are enticing crypto companies to invest in the former Soviet republic.

Crypto Activities Are Free, Tax-Free
Belarus, a country that suffers from a bad reputation with politicians in the West, is now set to improve its image with western businessmen. On Wednesday, the close ally of Moscow, also called the last dictatorship in Europe, became a European leader as far as crypto freedoms are concerned. Comprehensive regulations, largely legalizing the crypto sector, are now officially in place.