Belarus approves ‘cryptocurrency bank’ regulation
30 Articles
30 Articles
The dictator has introduced double regulation.
Belarus has just taken a decisive step in the field of cryptocurrency by officially establishing a legal framework for "cryptobanks". Signed by President Alexander Lukashenko, Decree No. 19 specifies the conditions for the accreditation and supervision of these new financial institutions, able to combine traditional banking operations with activities related to cryptocurrency. L-article Belarus formalizes cryptobanks under the impulse of Alexand…
Belarusian authorities are trying to stabilize the economy hit by international sanctions by betting on cryptocurrencies. President Alexander Lukashenko has signed a decree on the creation of crypto banks, financial institutions that will be able to combine operations with digital assets with traditional banking services, according to information published on the official website of the presidency. The document emphasizes that the initiative is …
Belarus President Signs Legal Framework for ‘Cryptobanks’
Belarus formalizes cryptobanks, linking token services with core financial operations. Dual oversight by National Bank and High-Tech Park ensures compliance and innovation. Mining growth and stricter exchange rules aim to control crypto while boosting tech. Belarus has taken another step toward formalizing its digital asset sector after President Alexander Lukashenko signed a new decree outlining how crypto banking will work in the country. On J…
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