Belarus authorizes the establishment of a "cryptobank" framework, which can combine token services with traditional banking operations

MarsBitNews · 2026-01-16T11:24:40+00:00

The President of Belarus signs a decree to establish a framework for "crypto banks," allowing joint-stock companies within the state economic zone to combine token businesses with traditional financial services and operate under dual regulation.

MarsBitNews

2026-01-16 11:24:40

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Mars Finance News: Belarusian President Alexander Lukashenko has signed Decree No. 19 to establish a framework for “cryptobanks.” According to a statement from the Belarusian Presidential Office, the decree allows joint-stock companies located in the country's High-Tech Park (HTP) special economic zone to combine token businesses with traditional banking, payments, and other financial services. It also defines cryptobanks as joint-stock companies authorized to conduct such integrated activities, which must be subject to dual regulation by the HTP and the National Bank of the Republic of Belarus. Entities must have resident status in the High-Tech Park and be listed in a dedicated register of cryptobanks maintained by the country's central bank.

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