In the Belarusian high technologies Park (HTP) the first adjustable crypto currency exchange Currency.com. According to RBC, the project was funded by a $10 million company VP Capital local businessman Victor of Protopine Larnabel Ventures and member of the Board of Directors of the group Safmar WithAida Gutseriev.
The worlds first fully regulated tokenised securities exchange is finally here!
Watch the video below to find out how it all works! Don’t forget to like & subscribe.https://t.co/dmyHxwk3iz
— Currency.com (@CurrencyCom) January 15, 2019
It is assumed that past the test, to investors from all over the world – except for residents of the United States and the countries from black list FATF – will be able to conclude on the Playground deals with such licenzirovanie assets like commodities, stocks and indices, are bound to the underlying market value of traditional financial assets in pairs with BTC, ETH and Fiat currencies (us dollars, Euro, Belarusian and Russian rubles).
To place funds on account with direct Deposit and debit cards Visa and Mastercard and the support transaction will be engaged in local banks, Bank Belveb and Paritetbank.
According to Victor of Protopine, at the site “great prospects,” as competition in the market is not large, but demand is high. His partner said he believes that Currency.com decide for investors the problem of shortage in the stock market traditional financial instruments.
We will remind, the President of Belarus Alexander Lukashenko signed decree No. 8 “On the development of the digital economy” in December 2017. The document envisages, in particular, the most favorable conditions for the development of blockchain technology (including mining and cryptocurrency circulation), as well as comprehensive legal regulation in this sphere.
In March 2018 the Ministry of Finance published the national accounting standard of cryptocurrency. And at the end of November, the Supervisory Board approved the OEM regulations relating to the activities of its residents using “digital signs”. They agreed with the National Bank of Belarus and the FATF – and establish General rules for the HTP resident-companies of the scope for the organizers of the ICO, the requirements for operators of cryptocurrency platforms and exchange of cryptocurrencies, as well as to internal control.