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Attachment 1
to the Presidential Decree of the Republic of Belarus
No. 8
LIST
of used terms and their definitions

1. The operator of the cryptographic platform is a resident of the High Technology Park who provides the following bargains (transactions) with each other and (or) with the crypto platform operator with the use of the information system to natural persons and (or) legal entities, including non-residents of the Republic of Belarus:
alienation, purchase of digital characters (tokens) for Belarusian rubles, foreign currency, electronic money;
exchange of digital characters (tokens) of one type for digital characters (tokens) of another type;
other bargains (transactions) in accordance with the requirements of this Decree.

2. Virtual wallet - a software or software tool designed to store digital characters (tokens) and allows its owner to carry out transactions with them.
3. The owner of the digital character (token) is a subject of civil law, to which the digital character (token) belongs on the right of ownership or on another proprietary right.
4. Crypto currency - bitcoin, another digital character (token), used in international circulation as a universal means of exchange.
5. Mining is the activity that is different from the creation of own digital characters (tokens) aimed at ensuring the operation of the register of transaction blocks (blockchain) by creating new blocks in the registry with information about the transactions performed. The person who carries out the mining becomes the owner of the digital characters (tokens) that have arisen (extracted) as a result of his mining activity, and can receive digital characters (tokens) as a reward for verifying the transactions in the transaction block register (blockchain).

6. The Crypto-currency exchange operator is a resident of the High-Tech Park, which uses information systems and (or) software and hardware complexes operating in self-service mode (cryptomatics), on their own behalf and in their interest, to exchange digital characters (tokens) of one type for digital characters (tokens) of another type, their purchase and sale for Belarusian rubles, foreign currency, electronic money. Purchase bargains (transactions) and sale of digital characters (tokens) with residents of the Republic of Belarus are made in Belarusian rubles. 
7. Arrangement of digital characters (tokens) - execution of civil bargains or other legally significant actions aimed at transferring digital characters (tokens) to their first owners on terms determined by the person who created through the High-Tech Park resident such digital characters (tokens), including in order to attract from the first owners of Belarusian rubles, foreign currency, electronic money, digital characters (tokens) of another kind.
8. The register of transaction blocks (blockchain) - based on the given algorithms in a distributed decentralized information system that uses cryptographic methods of information protection, a sequence of blocks with information about operations performed in such a system.
9. A smart contract is a program code intended for functioning in the transaction block registry (a blockchain), another distributed information system for the purpose of automated execution and (or) execution of bargains or the performance of other legally significant actions.
10. The terms "resident of the Republic of Belarus" and "non-resident of the Republic of Belarus" are used in the meaning ​​defined in Clause 1 of the Law of the Republic of Belarus of July 22, 2003 "On Currency Regulation and Currency Control".
11. Technological structure - a complex of technologically conjugated industries, characteristic of a certain level of development of social production (the core of the technological order), the key factor in the formation of which is the development of certain technological areas. The V technological order includes information and communication technologies, biotechnologies, technologies in the field of micro and radio electronics, technologies in the field of robotics and instrument engineering, technologies in the field of computing, fiber-optic equipment and office equipment, technologies for the production of medical equipment and high-tech medical care, technologies of production of pharmaceutical products, technologies for the production of new materials with specified properties, aerospace technologies, technologies in the field of nuclear energy and renewable energy sources. The VI technological order includes nanotechnology, genetic engineering and cellular technologies, artificial intelligence technologies, additive technologies.
12. Digital character (token) – a record in the registry of transaction blocks (blockchain), another distributed information system that certifies the owner of the digital character (token) of rights to objects of civil rights and (or) is a crypto currency.





















 Presidential Decree
of the Republic of Belarus
No 8                                                   Minsk

For the development of the digital economy
In order to develop the Park of High Technologies, Innovation and the construction of a modern digital economy in the Republic of Belarus, I hereby resolveto:
1. Extend the validity period of the special legal regime of the Park of High Technologies until January 1, 2049, while maintaining the principle of extraterritoriality, in addition granting residents of this Park the right to execute in the established order:
educational activities in the field of information and communication technologies;
activities in the field of e-sports, including the preparation of cybersport teams, the organization and conduction of competitions, the organization of their broadcasts;
activities in the field of artificial intelligence, the creation of systems for hands-off driving;
other types of activities specified in the Regulations on the Park of High Technologies approved by the Decree of the President of the Republic of Belarus of September 22, 2005 No. 12.
2. Create conditions for the introduction into the economy of the Republic of Belarus of the technology of the register of transaction blocks (blockchain) *, other technologies based on the principles of distribution, decentralization and security of operations performed with their use. Taking into account that before the adoption of this Decree, the circulation of digital characters (tokens) (hereinafter referred to as a "token") was not regulated by the legislation and, accordingly, they were not the object of legal relations, establish that:
2.1. legal entities have the right to own tokens and taking into account the specifics established by this Decree, to perform the following operations:
through the resident of the High-Tech Park, which carries out the relevant activity, create and place its own tokens in the Republic of Belarus and abroad;
to store tokens in virtual wallets;
__________________
* For the purposes of this Decree, terms are used in the values ​​defined in Attachment 1
through crypto-platform operators, crypto-currency exchange operators, other residents of the High-Tech Park carrying out the corresponding type of activity, purchase, alienate of tokens, and perform other bargains (transactions) with them.
Legal entities that are residents of the High Technologies Park have the right to perform the powers specified in part one of this subitem, as well as other activities using tokens in the manner established by the Regulations on the High Technology Park;
2.2. natural persons have the right to own tokens and taking into account the specifics established by this Decree, perform the following operations: mining, storing tokens in virtual wallets, exchanging tokens for other tokens, their purchase, alienation for Belarusian rubles, foreign currency, electronic money, as well as donating and bequeathing tokens.
The activities of mining, purchasing, alienation of tokens, carried out by s independently without involving other natural persons under labor and (or) civil-law contracts, is not entrepreneurial activity. Tokens are not subject to declaration.
Individual entrepreneurs - residents of the Park of High Technologies have the right:
perform the powers specified in part one of this sub-clause;
through the resident of the High-Tech Park, which carries out the relevant activity, create and place its own tokens in the Republic of Belarus and abroad;
to carry out other activities using tokens in the manner established by the Regulations on the High Technology Park;
2.3. cryptoplatform operators, crypto currency exchange operators are obliged to ensure that there are at least 1 million Belarusian rubles on account in the banks of the Republic of Belarus for a cryptographic platform operator, at least 200,000 Belarusian rubles for a crypto currency exchange operator.
The crypto platform operator has the right:
open accounts in banks, non-bank financial institutions in the Republic of Belarus and abroad for performing calculations on bargains and executing transactions carried out by it;
receive remuneration for the services rendered, including tokens, establish the amount and order of collection from bidders (clients);
to carry out (make) transactions with residents and non-residents of the Republic of Belarus aimed at placing tokens, including abroad, purchase and (or) alienation of tokens for Belarusian rubles, foreign currency, electronic money, exchange of tokens for other tokens in the interests of clients or in his. interests;
to carry out (make) other transactions (bargains) with tokens, except for operations for the exchange of tokens to objects of civil rights other than Belarusian rubles, foreign currency, electronic money, tokens;
2.4. for the transfer to another person of rights t...