On 27 September in Azerbaijan will be held a conference of the Blockchain & Bitcoin Conference in Baku, devoted to the blockchain, cryptocurrencies and ICO. It will be attended by well-known specialists and gurus of the cryptocurrency market, developers, entrepreneurs, representatives of payment systems and foreign experts.
Popularization of cryptocurrencies and blockchain
Despite the increased demand for cryptocurrencies in 2017, in Azerbaijan there are no laws regulating the cryptocurrency activity. In other words, bitcoin and altcoins are in a gray area. The authorities of Azerbaijan take steps to address issues related to the legal status of the issue.
So, in April of 2018 in the country was established the Center for the study and development of the market of cryptocurrencies and blockchain technology. The organization will conduct educational work, to develop a proposal to regulate the cryptocurrency market, provide consulting services and conduct special trainings for journalists. Also, the Center plans to attract international blockchain experts to advise financial institutions regarding the advantages of distributed registers and the conduct of tomenselo.
In may, the Ministry of taxes said that all cryptocurrency transactions will be taxed. Legal entities for operations with cryptocurrencies will pay income tax, individuals income tax. Such actions of the authorities shows the desire to create a stable and secure atmosphere for doing cryptobytes.
What awaits visitors of the Blockchain & Bitcoin Conference Baku
Given the interest of Azerbaijan to the market of cryptocurrencies and blockchain technologies, an international company Smile-Expo organized in the capital a large-scale event – the Blockchain & Bitcoin Conference in Baku. The conference will bring together Azerbaijani and foreign experts. In the reports they will focus on the effective implementation of tomenselo, trade cryptocurrencies, the blockchain application in business and investment opportunities of new technologies.
In the framework of the panel discussion the speakers will discuss one of the key topics – legislative regulation of the blockchain and cryptocurrency in Azerbaijan and in the world.
Guests of the Blockchain & Bitcoin Conference Baku will be available to demo zone. Here the company will present the hardware for mining, components for farm, software, the blockchain platform and consulting services for ICO projects.
In addition, visitors will be offered a pitch session with exhibitors. The company will tell about its activities and products that are presented on their stands.
Follow the news of the event on the official website of the Blockchain & Bitcoin Conference in Baku.