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In 2018, Decree of the President of Belarus No. 8 “On Development of Digital Economy” entered into force, which, inter alia, legally recognized cryptocurrencies in Belarus. In this article we briefly summarize the main aspects of the Belarusian regulatory framework for cryptocurrencies, along with significant risks and perspectives.

Egorov Puginsky Afanasiev & Partners has successfully defended Ilya Averyanov, the former owner of the Menshevik Confectionary in South-Eastern Moscow, in a trial involving charges that he murdered a guard at the factory.

Egorov, Puginsky, Afanasiev & Partners has helped aluminum producer Rusal register as a new resident of the Special Administrative Region on Oktyabrsky Island in the Kaliningrad region of Russia.

Egorov Puginsky Afanasiev & Partners has advised US-based Clemco International, a manufacturer of air-powered abrasive blasting equipment, on IP, corporate, customs, and regulatory matters in Russia.

Egorov Puginsky Afanasiev & Partners has advised DynaEnergetics on the sale of its subsidiary in the Tyumen region of Russia, representing its exit from the Russian market. 

Egorov Puginsky Afanasiev & Partners has successfully represented Finland's Fortum energy company before the Russian government's commission on foreign investments and before Russia's competition authority with regard to the company's acquisition of a majority stake in Germany's Uniper.

Egorov Puginsky Afanasiev & Partners has advised the VIS Group on the refinancing of a public-private partnership project involving the construction of 12 social infrastructure facilities in Yakutsk through the placing of secured social bonds worth over RUB 5.6 billion. The refinancing was arranged by BKS, Otkritie Bank, DOM.RF Bank, and Sovcombank.

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EPAM at a Glance

Founded in 1993, Egorov Puginsky Afanasiev & Partners is the leading full-service law firm in the CIS with offices in Russia, Ukraine and Belarus and associated offices in the UK, the USA and Cyprus.

We advise its clients in many areas of law, including: dispute resolution in Russia and abroad, corporate law, M&A, antitrust issues, project finance and PPP, restructurings and insolvencies, energy and natural resources, property management and privatization, environment, technical regulation and industrial safety, banking and finance, intellectual property, criminal law, real estate and construction, taxation, family and labour disputes, marine and transport law, and international trade and customs.

We combine high academic qualifications, internationally acknowledged moral and ethical values, senior partners' professional experience and practical abilities with the vigour and knowledge of younger attorneys that enables thus providing clients with reliable, first-class service according to both Russian and western standards through a flexible structure.

All News about, and Legal Analysis by, Egorov Puginsky Afanasiev & Partners can be found here.

Firm's website: www.epam.ru