On September 27, the first large-scale Blockchain & Bitcoin Conference Baku, dedicated to blockchain, cryptocurrencies, and ICOs will start in Azerbaijan. Its participants will include well-known specialists and gurus of the cryptocurrency market, developers, entrepreneurs, representatives of payment systems, foreign experts.

Cryptocurrency and blockchain promotion

Despite the growing demand for cryptocurrencies in 2017, Azerbaijan does not have laws to regulate the cryptocurrency activity. In other words, Bitcoin and altcoins are in the grey area.

At the same time, the authorities of Azerbaijan are taking steps to solve issues connected with the legal status of the field.