Belarusian Decree Intends to Attract Blockchain Startups, Foreign Investors
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Belarusian Decree Intends to Attract Blockchain Startups, Foreign Investors
While cryptocurrencies like Bitcoin have swept the globe as what can be called a financial, technological, and pop-cultural revolution, cryptocurrency markets have not managed to shake their reputation as volatile and unpredictable territory. Not without good reason, either–after a stunning rally to nearly $20,000, Bitcoin suddenly shed a quarter of its value, dipping briefly below $12,000 earlier today.
However, Belarusian President Alexander Lukashenko has not lost faith in crypto. Lukashenko signed a decree on Thursday that legalizes transactions incryptocurrency. The decree comes as the latest piece in a movement to make the small country an attractive option for ... (read more)
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