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Author Topic: Belarus has launched a regulated bitcoin exchange  (Read 608 times)
Crypdon
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March 15, 2019, 11:34:47 PM
 #21

Belarus might not have the same level of trust as Germany but it is a free country and it is a good exchange for the local citizens. It might even attract other investors to go there and start their bitcoin business
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andika2018
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March 16, 2019, 12:49:40 AM
 #22

Belarus might not have the same level of trust as Germany but it is a free country and it is a good exchange for the local citizens. It might even attract other investors to go there and start their bitcoin business

Its give confident to crypto investor and maybe followed by others country. More regulation from government will be good for cryptocurrency because many people afraid to invest in crypto because there is no regulation.
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May 14, 2019, 09:02:10 PM
 #23

Belarus is positioning itself as a friendly country to cryptocurrency
The opening of a regulated tokenized stock exchange will be another link in the overall development of cryptocurrency. Therefore, this is very good news for all users of cryptocurrencies.
Belarus also created favorable conditions for mining Bitcoin and other cryptocurrency, in connection with which the Chinese chose this country for mining after their government began to create difficulties for them with mining.
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May 14, 2019, 09:56:19 PM
 #24

So it is both a place to trade stuff like bitcoin and ethereum but at the same time buy stocks and shares of a company as well. I wonder if we could just send bitcoin and with the deposited bitcoin we could buy shares of a company ? If that is the case than I think it is honestly a great innovation in crypto space. Their name is also amazing, just pure minimalist currency.com and that's it.

I think it is certainly a website that has a huge upside and could potentially help out many millions of people not only in Belarus but also people outside of Belarus to be part of this new system as well. I am sure if people are allowed to buy shares and stocks with bitcoin they would jump on that chance even if it was companies based on belarus because people love spending money on companies without actually having to work with banks.

Good, then i could invest in Belarus companies using bitcoin, i like that. What i don't like is if its gov controlled they might impose unrealistic unfavorable exchange rates, which is what they do here...

But it would indeed take a country from an "unregulated zone" to pull something like this first. Can you imagine the hurdle to mix crypto and stocks in America? Hey i want my Tesla stock bought with bitcoin, if this was a free country... Best you could to is go with one of those CFDs and "pretend" buy the Tesla stock with "USD" that came from an electronic "wallet" that allows bitcoin deposits...

Can't wait for the world to drop the facades already.

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May 14, 2019, 10:47:05 PM
 #25

Belarus might not have the same level of trust as Germany but it is a free country and it is a good exchange for the local citizens. It might even attract other investors to go there and start their bitcoin business
That will give another opportunity for people to trade cryptocurrency in their local country, and that will help adoption to reach more people so they know that cryptocurrency can give them a way to get a new source of income.
Yes, that will attract more investors too besides of people who want to make a better income but that will not easy because there will be people who don't like with cryptocurrency and they will do anything to makes people don't believe in cryptocurrency.
But that will depend on the people itself, and I am sure that they can filter the right news for their benefits.
Adriano2010
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May 28, 2019, 09:22:11 AM
 #26

Well i hope to have more of this exchanges launched by more countries and this will help more people to buy because they will think is safer to buy from there and i think they will pay fee when buy and will kot have any extra tax after.
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May 28, 2019, 12:22:45 PM
 #27

Good efforts it will help economy of Belarus. Will stop illegal use of crypto currency and will gather huge amount of tax for country. Other countries should also legalize it by making exchanges on which they give a check.
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May 28, 2019, 12:25:45 PM
 #28

An almost totalitarian country is launching a totalitarian crypto exchange. Grin
I'm sure the belarusian government will use this as a way to catch most of the crypto traders in Belarus(if they are so stupid to actually register).

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May 28, 2019, 03:10:58 PM
 #29

Recently, Belarus has been very actively implementing various privileges and conveniences for those who deal with the world of cryptocurrencies at the legislative level, in this country sufficiently good conditions are created so that entrepreneurs associated with cryptocurrencies feel quite free.
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May 29, 2019, 02:18:07 AM
 #30

Recently, Belarus has been very actively implementing various privileges and conveniences for those who deal with the world of cryptocurrencies at the legislative level, in this country sufficiently good conditions are created so that entrepreneurs associated with cryptocurrencies feel quite free.
with such actions means Belarus is one of the cryptocurrency paradise at this time. I believe that the prosperity of the country will increase with increasing cryptocurrency prices, and this should be what should be done

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May 29, 2019, 02:44:54 AM
 #31

This is exactly what the other countries should look at as an example. After all you have to actually make it legal and governmental to see how the tax works out and who buys and sells how much and when and see their profits and losses and how they should pay taxes on how much and so forth. If you do this like Belarus is planning (or currently doing) then you get yourself a crypto currency craze in a country that literally is watched over by the government and used for their advantage.

If a country just flat out bans crypto currency do you think it will stop all trades? No. It will just slow it down but people will find a way to get it anyway, so this way you are taking advantage of that popularity and you are using that to raise gains of the government via a new tax channel.
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May 29, 2019, 04:03:25 AM
 #32

money.com is definitely the most multimedia exchange I've ever seen. This is really a shopping mall between stocks, cryptocurrency, fiat money, ...
If this project achieves its goals and fulfills its words, Belarus will surely have a very successful business in the financial market. We should consider this exchange, it could be exchange number 1 of the future.

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May 29, 2019, 04:13:49 AM
 #33

What did i missed here ?  I dont know what is belarus and my first impression is its some kind of a new company or something ?   I dont also think that their exchange can compete with other big exchanges nowadays but why is everyone complementing it ?    
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May 29, 2019, 05:39:24 AM
 #34

What did i missed here ?  I dont know what is belarus and my first impression is its some kind of a new company or something ?   I dont also think that their exchange can compete with other big exchanges nowadays but why is everyone complementing it ?    

Lol, you haven't heard of Belarus mate? It's some country right now that is totally offering a friendly and safe haven for crypto related projects.

So obviously everyone is complementing them because they are opening doors for crypto adoption on that side of the globe. And that is very good news indeed, so I suggest you start researching for more countries because more and more nation will just make a turn because they know that this technology will be the future.

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May 29, 2019, 05:59:54 AM
 #35

What is really introduced with this, that differs from any other regulated exchange out there? You still have an exchange, trading tokens for fiat and visa versa, like all the other exchanges.

Regulated exchanges are a honeypot for information gathering on people's private financial matters and this is just extended to Crypto currencies now. So when government agencies wants information on Crypto currency users, they turn to centralized organizations like this.  Roll Eyes

Nothing new here, just move on.  Tongue

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May 29, 2019, 07:49:24 AM
 #36

The project is quite interesting and personally I will follow him. It is likely that I will become one of the users of this exchange. It will be necessary to see how convenient it will be for users and what advantages it will have over competitors. The good news is that large investors who have experience and reputation are involved in the project. Belarus is generally very progressive in its approach to the distribution and regulation of cryptocurrencies. This is good news.

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May 29, 2019, 12:13:00 PM
 #37

If I hear news like this, I always feel like living in that country where crypto and blockchain which are new technologies in the world of economy are accepted by a country openly even the government also supports the development of these technologies.

No need for such anxiety because development is a gradual process, it starts from somewhere and like diffusion, it moves to other places. So it is usually tasted where it starts from and if it solves a problem, others emulate it.
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May 29, 2019, 01:19:52 PM
 #38

Seems like there will be more exchange like this in the future. Previously, it is DX.Exchange, now this one. Both of them provide the opportunity to buy tokenized assets like shares.

Will the exchange hold the real asset so that each token represent 1 asset (or a fraction of it?)? Can users withdraw the tokens to their own wallet? Which blockchain they'll use for tokenizing the security/assets?

Yes i believe cryptocurrency soon will have a real value that are more stable and more sustainable for businesses. I do think bitcoin will be much more stable. STO and IEO are already on the horizon and it will changes how to crowdfunding and i believe IEO and STO will grow dramatically in this year.

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May 29, 2019, 05:38:40 PM
 #39

Well.. I would say this is good news. The former USSR is one of the strongholds of cryptocurrency (or it used to be so until a few years back). But unfortunately the governments of Russia and Ukraine took a very hostile stance towards crypto from the very beginning. In the end a lot of the businesses were forced to move out. What Belarus is trying to do is very appreciable.
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May 29, 2019, 05:53:40 PM
 #40

An almost totalitarian country is launching a totalitarian crypto exchange. Grin
I'm sure the belarusian government will use this as a way to catch most of the crypto traders in Belarus(if they are so stupid to actually register).

Now, these traders will be simply cautious and use the international, stable and trusted exchanges. Really, it looks very strange for Belarus. However, probably, they have changed their attitude towards crypto?
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