Law
Firm

22 December 2017

The Belarus President signed a decree on legalization of business based on blockchain, including crypto activities and smart contracts

On 21 December 2017, the President of the Republic of Belarus signed Decree No. 8 "On Development of Digital Economy", the final key document of the package of 10 legal acts aimed at liberalizing business environment in Belarus. The decree makes Belarus the first country in the world that adopted overall crypto economy regulation.

"Aleinikov&Partners" Law Firm acted as the major legal advisor of Belarus Hi-Tech Park in drafting the decree.

Advocate Denis Aleinikov defends Blitz Team in dispute with Wargaming

Denis Aleinikov took the lead on legal defence of Blitz Team in a dispute with Wargaming, publisher and developer of the world-famous game World of Tanks. Five lawsuits have been brought to the Supreme Court of the Republic of Belarus against Blitz Team employees (former employees of Wargaming’s Minsk office) being sued for US$1.69 million altogether for violating Wargaming's exclusive rights while working on the Open Source project

Aleinikov & Partners represented 2GIS in the acquisition of stake in RocketData

Aleinikov & Partners, together with the international law firm DLA Piper, represented map service 2GIS (which is a part of the Sber group) in the aquisition of a 47% stake in the statutory fund of Data Delivery LLC, a Belarusian developer of RocketData – a platform for managing online presence and working with business reputation

A&P Advises Development Bank of Belarus on Expanding its Mandate to Conduct Venture Capital Financing

Aleinikov & Partners has been advising the Development Bank of the Republic of Belarus (DBRB) in drafting a regulatory legal act aimed at amendment of the Belarusian legislation to entitle the DBRB to conduct venture capital financing

StringersHub Raises $500K in Seed Round Led by Starta Ventures

Aleinikov & Partners advised StringersHub, a developer of a marketplace that connects professional content creators with the global media outlets, on its $500K seed round from a group of angel investors, members of Angels Band (Belarus), and both venture capital firms Insta Ventures (Cyprus) and Starta Ventures (USA)

A&P advised Open Line on Issuance of Blockchain Bonds

Aleinikov & Partners advised Open Line, a Minsk-based leasing company, on issuance of blockchain bonds. Token sale is going to be conducted on the FINSTORE.BY investment platform, which is operated by a subsidiary company of Belvnesheconombank (Bank BelVEB)