“Belarusian President Lukashenko Calls for Clear Regulations in Country’s Growing Cryptocurrency Market”

Belarusian President Aleksandr Lukashenko has urged lawmakers to create clear and transparent rules for the country’s cryptocurrency market to keep up with trends. Lukashenko emphasized the need for understandable regulations and control mechanisms. The President had previously issued instructions in 2023 to regulate digital tokens and cryptocurrencies with the Belarusian Presidential Decree No. 80. Belarus has shown interest in crypto, particularly in mining, but has also enacted laws limiting peer-to-peer transactions. Decree No. 367, signed by Lukashenko, restricts individuals in the Hi-Tech Park from conducting cryptocurrency transactions outside Belarusian exchanges to ensure state oversight. The move is aimed at fostering controlled circulation of digital assets in the country.

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