Will Azerbaijan become a new cryptocurrency harbor? Find out the answer at Blockchain & Bitcoin Conference Baku

On September 27, the first large-scale Blockchain & Bitcoin Conference Baku, devoted to blockchain, cryptocurrencies, and ICOs will begin in Azerbaijan. Its contributors will embody well-known specialists and gurus of the cryptocurrency market, builders, entrepreneurs, representatives of fee techniques, overseas consultants.

Cryptocurrency and blockchain promotion

Regardless of the rising demand for cryptocurrencies in 2017, Azerbaijan doesn’t have legal guidelines to control the cryptocurrency exercise. In different phrases, Bitcoin and altcoins are in the gray space.

At the identical time, the authorities of Azerbaijan are taking steps to resolve points linked with the authorized status of the subject.

For example, the Middle for the Examine and Growth of the Marketplace for Cryptocurrency and Blockchain Applied sciences was established in the nation in April of 2018. The group will carry out the awareness-raising work, develop provides on the cryptocurrency market regulation, present consultancy companies, and run particular trainings for journalists. Additionally, administration of the Middle plans to draw worldwide blockchain consultants to seek the advice of monetary establishments regarding the benefits of distributed ledgers and token gross sales.

In Could, the Ministry for taxes introduced that each one cryptocurrency offers could be taxable. Authorized entities pays a company revenue tax for cryptocurrency operations, and bodily entities – a private revenue tax.

Such actions of the authority communicate for the intention to create a steady and dependable surroundings for operating a crypto enterprise in the nation.

What waits for attendees of Blockchain & Bitcoin Conference Baku?

Contemplating the curiosity of Azerbaijan in the cryptocurrency market and blockchain expertise, the worldwide firm Smile-Expo is organizing a large-scale occasion – Blockchain & Bitcoin Conference Baku. The convention will carry collectively Azerbaijanian and overseas consultants. Of their shows, they may concentrate on the environment friendly conduct of token gross sales, cryptocurrency buying and selling, use of blockchain in enterprise, and funding alternatives of revolutionary applied sciences.

As a part of the dialogue panel, audio system will focus on one in all the key matters – regulation of blockchain and cryptocurrencies in Azerbaijan and throughout the globe.

Moreover, company of Blockchain & Bitcoin Conference Baku could have entry to the exhibition space. Right here corporations will current mining , element components for mining farms, software program, blockchain platforms, and consultancy companies for ICO initiatives.

As well as, there will likely be a pitch session for exhibitors. Firms will inform about their actions and merchandise introduced at their cubicles.

Uniting blockchain evangelists

Smile-Expo organizes giant occasions devoted to cutting-edge applied sciences throughout the world. In 2018 solely, the firm held 15 blockchain conferences in 14 international locations together with Russia, Ukraine, Estonia, Israel, the Philippines, Germany, and Switzerland, Finland, Australia. Future occasions will happen in Georgia and France.

Comply with the information of the occasion on the official web site of Blockchain & Bitcoin Conference Baku.

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