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Belarus approves ‘cryptocurrency bank’ regulation

Summary by Anadolu Ajansı
Subject to regulation by Belarus High-Tech Park and National Bank, crypto banks to meet growing need for crypto transactions amid Western sanctions - Anadolu Ajansı

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The dictator has introduced double regulation.

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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…

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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 …

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BizToc broke the news in on Friday, January 16, 2026.
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