Currency.com cryptocurrency exchange operates on the basis of the Belarusian High-Tech Park. The country's first platform for trading digital assets comes out of the beta version and opens registration for new users. One of the founders of the site, Said Gutseriev, told Forbes magazine.
According to him, for the first four months of operation, the stock exchange of tokenized financial assets showed “aggressive growth” and gained popularity among traders. On the waiting list for registration now there are about 150 thousand people.
«Approximately 60-70% of the exchange turnover falls on the CIS countries. And all the rest is Europe. Users from Asia are beginning to come slowly», —Gutseriyev shared.
He noted that the adoption of the decree “On the Development of the Digital Economy” allowed Belarus to create a comfortable field for the development of IT companies.
“In general, it seems to me, Belarus has great opportunities to become such a powerful regional player for the CIS and for Europe as well. Absolutely the right conditions for the work of such companies have been created, brilliant specialists and IT specialists in Belarus, ”the founder of Currency.com believes.
Said Gutseriev also noted that he does not associate the volatility of the cryptocurrency market with the prospects of the blockchain technology itself.
«We believe that cryptocurrency exchange and blockchain technology as a whole are brilliant. These are technologies that can be used for different industries, not only for cryptocurrencies. So we did not make a company, based on market volatility or some price of bitcoins and other cryptocurrencies. And they simply created a powerful infrastructure to continue working in this industry», — he said.
Recall, cryptocurrency exchange Currency.com began its work in January 2019. The site trades tokenized assets for raw materials, stocks, indices, tied to the base market value of traditional financial assets.