Belarus has brought in cryptocurrency accounting standards , according to a ministry of finance document dated 6 March . The document followed the country 's president , Alexander Lukashenko , signing the digital economy reform bill last February , which aims to support the growth of banking and cryptocurrencies by improving the regulatory framework . Last November , Lukashenko signed a crypto - related bill for the Belarusian Hi - Tech Park , which will create an economic zone modelled on Silicon Valley to support technology start - ups involved in cryptocurrencies and initial coin offerings .
Belarus has brought in cryptocurrency accounting standards, according to a ministry of finance document dated 6 March. The move followed the country's president, Alexander Lukashenko, signing the digital economy growth bill last December, which aims to support the development of blockchain and cryptocurrencies by improving the regulatory framework. Last November, Lukashenko signed a crypto-related bill for the Belarusian High-Tech Park, which will create an economic zone modelled on Silicon Valley to support technology start-ups involved in cryptocurrencies and initial coin offerings.