Belarus has brought in cryptocurrency accounting standards , according to a ministry of finance document dated 6 March . Tokens, or “digital signs” as they are referred to in the document, purchased for the “realization of token-certified rights” will be classified under the credit categories “Settlements with various creditors and debtors" and "Other expenses and revenues.” 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 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 .