Belarus identifies accounting status of tokens

26.03.2018

Tokens in Belarus are now part of the accounting statements. The day before the entry into force of Decree No. 8, the Ministry of Finance published the national accounting standard for the position «Digital Signs». Not only their standards have been defined, but approaches to the evaluation of tokens have been approved, as well as information to be disclosed in the notes to the organization's accountability for working with these signs. Earlier, the National Bank decided on approaches to crypto-currencies and tokens. Decree of the President «On the development of the digital economy» creating unprecedented conditions for the development of the IT industry, will enter into force on March 28.

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