Belarus became the first jurisdiction in the world with comprehensive legal regulation of businesses based on blockchain technology after the President of the Republic of Belarus signed Decree No. 8 “On the development of the digital economy” on December 21, 2017. The document created legal conditions for the implementation of such types of activities as the activities of a crypto platform operator, the activities of a cryptocurrency exchange operator, an ICO organizer, the execution and (or) execution of transactions through a smart contract, and also determined the procedure for the circulation of cryptocurrencies.
The activities of the crypto platform operator are regulated by the Hi-Tech Park. Residents of the Hi-Tech Park must meet the criteria and comply with the requirements for residents and their activities by the Hi-Tech Park. You can read more about the criteria and requirements on the Hi-Tech Park website.
Since 04/01/2020, FREE2EX (Pixel Internet LLC) has been a resident of the Hi-Tech Park.
Before obtaining the status of a resident of the Hi-Tech Park, FREE2EX (Pixel Internet LLC) underwent a technical audit and an audit in accordance with the requirements of the regulator of the Hi-Tech Park - one of the representatives of the Big Four.