There are Tokenized bonds in Cryptos. Do you know why they exist?
What is a token?
Token (Digital Sign) – an entry in the register of transaction blocks (blockchain), another distributed information system that certifies that the owner of the digital sign (token) has rights to objects of civil rights and (or) is a cryptocurrency (Decree No. 8 “On the development of the digital economy “).
Invest in Tokens on Currency.com
How are tokens issued? What are the requirements?
In accordance with the requirements of the law (primarily Decree No. 8 of December 21, 2017 “On the Development of the Digital Economy”), a number of requirements are imposed on customers: qualification, information disclosure, information security, risk management, compliance with anti-money laundering legislation, etc.
Not every company can claim to issue tokens. To issue its own tokens, the company must be financially stable and not have losses from current activities.
The release of tokens can be carried out only through a professional market participant – a crypto platform operator licensed by the HTP and operating in accordance with Decree No. 8.
An enterprise wishing to attract financing concludes an agreement with Currency Com Bel LLC for the creation of tokens and their placement on the exchange, Currency Com Bel LLC provides the appropriate service, investors purchase tokens through the service, the enterprise receives money to its account.
Go to Currency.com’s Official Website
How risky is investing in company tokens?
If a company issues tokens, then they must be secured by collateral (buildings, equipment, vehicles), surety, or other means of securing obligations. Large companies with a high net asset value can afford fiat tokens.
Investments in tokens are securely protected using open crypto technologies. At any time, the investor has the opportunity to withdraw the purchased tokens to his external virtual Ethereum wallet outside the crypto platform.
Who can purchase company tokens?
Tokenized bonds can be purchased by both individuals and legal entities registered in the Republic of Belarus and abroad (with the exception of prohibited jurisdictions). To purchase tokens, the Investor must ensure that his account (account) in the crypto platform (trading platform) has a sufficient number of corresponding tokens representing the currency of the token.
Invest in Tokens on Currency.com
Is income from transactions with tokens taxed?
No. According to Decree No. 8 On the development of the digital economy, the income of individuals-residents of the Republic of Belarus from operations with tokens is exempt from taxation. Learn more – taxation
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Please click "Introduction of Currency.com", if you want to know the details and the company information of Currency.com.
Comment by Hans
April 24, 2024
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