Belarus launched world’s first platform allowing to buy major shares and gold with crypto
Belarus legalized cryptocurrency in Dec. 2017 and has been at the forefront of the crypto industry worldwide ever since. As of today, the country welcomed world’s first blockchain-based platform, Currency.com, allowing to buy shares of major companies, gold, and other securities with cryptocurrency. Notably, the platform allows investing in a wide range of publicly traded corporations, including Apple.
The new platform was created in a partnership of Ventures and VP Capital. Within two hours of Currency.com’s launch, the platform received more than 2,000 applications of people ready to register. To omit the possibility of users laundering money, all applicants must go through a verification process before being accepted to use Currency.com.
In Dec. 2017 and well before the launch of the platform, Belarusian President, Alyaksandr Lukashenka, signed Decree No. 8, which legalized cryptocurrency transactions. This same Decree allowed to make cryptocurrency transactions and Initial Coin Offerings (ICOs) for Currency.com completely tax-free until Jan. 1, 2023.
Currently, the platform only accepts 150 different types of cryptocurrency; however, Currency.com plans on increasing the accepted crypto to approximately 10 thousand different types.