The Daily: Minsk Mulls Rules for Exchanges, Qiwi Awards Employees with Tokens
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The Daily: Minsk Mulls Rules for Exchanges, Qiwi Awards Employees with Tokens

THELOGICALINDIAN - In todays Bitcoin in Brief Belarus which legalized crypto activities this bounce is now axis its absorption to adopting standards for companies operating crypto exchanges and arising tokens Weve covered the accommodation of the Russian acquittal provider Qiwi to actuate its advisers with tokens The Daily additionally appearance crypto account from China and Canada

Also read: Anti-Crypto Politician Backed by Payments Firm, Grayscale Raised $250m in H1

Belarus Working on Standards for Crypto Exchanges

Having legalized crypto-related activities beforehand this year, Belarus is now fine-tuning and accretion the authoritative framework. The Hi-Tech Park in Minsk (HTP) is currently developing standards for companies operating crypto exchanges and providers of casework accompanying to arising and adjustment of tokens. According to media reports, accompaniment bodies and assembly of the acknowledged and tech communities in the country are complex in the process.

The new set of rules and regulations is advised to supplement the basal framework categorical in the presidential decree “On the development of the agenda economy”, which entered into force on March 28, Denis Aleinikov, chief accomplice at a Belarussian law firm, told Forklog. He aggregate capacity on the advance so far: “We’ve accustomed that a badge is not a aegis […]. Any alignment is accustomed to affair and advertise tokens through association of the High-Tech Park.”

The Daily: Minsk Mulls Rules for Crypto Exchanges, Qiwi Awards Employees with Tokens

The acknowledged able added that entities in the acreage will be answerable to prove allotment basic of at atomic $500,000. The standards will additionally adapt the activities of HTP association and detail the requirements for those that appetite to affair and barter agenda tokens. The Hi-Tech Park is actively accommodating in the action afterwards it was accepted appropriate of aldermanic action with addition presidential decree in June.

Payment Provider Qiwi to Award Employees with Tokens

The Daily: Minsk Mulls Rules for Crypto Exchanges, Qiwi Awards Advisers with TokensThe blockchain accessory of the Russian acquittal provider Qiwi affairs to supplement the salaries of its advisers with awards paid in tokens. The motivational affairs will be launched by Qiwi Blockchain Technologies in the additional bisected of 2018 and will be based on the Russian Masterchain platform. Several dozens of advisers will accept their awards in QBT tokens by the end of the year. The accessory affairs to admeasure up to 50 percent of its accumulation to the program.

The tokens will be disconnected into two categories. Part of them will appear with voting rights, acceptance their holders to participate in altered aggregation decisions. Advisers won’t be able to barter the tokens for authorization money but will accept the befalling to catechumen them to accumulated bonuses. According to Konstantin Koltsov, Director for Accumulated Affairs, the arrangement will acquiesce advisers to be anon complex in the company’s development. Qiwi additionally affairs to actualize a blockchain-based HR platform.

Companies with ‘Blockchain’ in The Name Surge in China

The Daily: Minsk Mulls Rules for Crypto Exchanges, Qiwi Awards Employees with TokensIt’s no abstruse that abacus “crypto” or “blockchain” to the name of a aggregation comes with some angel benefits. Since cryptocurrencies are not advantaged by authorities in Beijing, Chinese companies from the crypto area accept been larboard with alone one choice. As a result, China has apparent a sixfold access in the cardinal of new firms registered with “blockchain” in their names, The South China Morning Post reported.

According to an appraisal based on government abstracts aggregate by Qixin.com, there are now added than 4,000 Chinese companies that analyze with blockchain. Over 3,000 firms registered back January use the Chinese adaptation of the appellation anecdotic the broadcast balance technology abaft cryptocurrencies like bitcoin – “qukualian”. In comparison, their cardinal for the accomplished 2024 was alone 555.

The assay of the official abstracts has produced addition absorbing award – 16,600 companies that were accustomed aural the accomplished 12 months had “blockchain” listed as allotment of their curve of business. SCMP comments that admitting the reservations of the Beijing government on crypto exchanges, bread offerings and mining, the absorption appear the technology in China charcoal strong.

Bitcoin Ownership and Awareness Increase in Canada

The Daily: Minsk Mulls Rules for Crypto Exchanges, Qiwi Awards Employees with TokensA analysis conducted by the Bank of Canada has detected a bifold increase in the cardinal of bodies owning bitcoin (BTC) over 12 months. About bisected of crypto owners said they consistently use bitcoin to buy appurtenances and casework or alteration money. The Bitcoin Omnibus Analysis was agitated out in December, back the prices of cryptocurrencies accomplished best highs, but the after-effects were appear recently.

According to addition study, “Bitcoin Acquaintance and Usage in Canada: An Update”, the acquaintance of Canadians about bitcoin added from 64 to 85 percent during the aforementioned period. The authors additionally begin that the association of the predominantly francophone arena of Quebec were the best Bitcoin-aware citizens.

Meanwhile, the province’s state-owned ability aggregation Hydro-Québec has been accustomed to allegation crypto miners and blockchain promoters added ante until regulations for the industry are introduced. Régie de l’énergie du Québec, the bounded activity area regulator, has afresh accustomed best of the new Hydro-Québec’s demands. A amount of 15 cents (CAD) per kWh, bifold the assessment for residential clients, will be applied.

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Images address of Shutterstock, HTP.

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