Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims

Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator ClaimsAuthorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies Allegedly Help Belarus Government With Crypto Seizure Belarus had to deal with the challenge of how […]

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President Lukashenko Signs Decree to Create Crypto Wallet Register in Belarus

President Lukashenko Signs Decree to Create Crypto Wallet Register in BelarusPresident Alexander Lukashenko has signed another decree regulating the crypto economy of Belarus. It envisages the establishment of a register for cryptocurrency wallets and addresses certain legal aspects pertaining to the circulation of cryptocurrencies in the country. Presidential Decree Aims to Prevent Use of Crypto Wallets in Criminal Activities Belarusian President Alexander Lukashenko has signed […]

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Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket Ban

Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket BanAuthorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on а number of activities related to cryptocurrencies as suggested by the central bank in Moscow. Belarus to Keep Favorable Crypto Regulations Officials in Belarus do […]

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Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing ‘China’s Experience’

Belarus President Calls to Increase Regulation on Cryptocurrencies, Citing 'China's Experience'The Belarusian president held a meeting over the week where he mentioned cryptocurrencies within the context of regulating the IT industry. Alexander Lukashenko hinted at tightening the regulatory framework to control crypto usage in Belarus. Lukashenko Seeks to Create a Unified Governmental Regulatory Body According to news agency Belta, Lukashenko met with senior government officials […]

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Here’s How Belarus Pressures Russia to Legalize Cryptocurrencies

Here’s How Belarus Pressures Russia to Legalize CryptocurrenciesRelations between Belarus and Russia have always been quite complicated. The union the two close allies created has faced all kinds of challenges over its 20 plus years of existence. Now cryptocurrency is becoming a new apple of discord, as Minsk has taken a relatively friendly approach to regulating decentralized assets, while some in Moscow […]

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Crypto Business Is Now Legal in Belarus

Crypto Business Is Now Legal in BelarusCrypto-related activities are now considered legal in Belarus. The presidential decree “On the Development of the Digital Economy” came into force on March 28. The country aims to become a global IT hub luring entrepreneurs from around the world with a business-friendly environment. Unprecedented freedoms and generous incentives are enticing crypto companies to invest in […]

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Belarus Adopts Crypto Accounting Standard

Belarus Adopts Crypto Accounting StandardDays before legalizing crypto activities, Belarus has adopted a new accounting standard that deals with cryptocurrencies. It classifies digital tokens according to their acquisition and intended use. The document defines the information companies will be required to share with authorities. The presidential decree regulating the crypto sector comes into force on March 28. Also read: […]

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More Belarusians Search “Crypto”, Question “Legalization”

More Belarusians Search “Crypto”, Question LegalizationInterest towards cryptocurrencies in Belarus has increased significantly in the past year. Topics related to bitcoin, mining, and blockchain have been popularized by media. Belarusians are searching for more crypto information online, but there are some key questions search engines are unable to answer: Will ordinary citizens benefit from the upcoming legalization? Are they going […]

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New Plant to Assemble Mining Rigs in Belarus

New Plant to Assemble Mining Rigs in BelarusPlans to build a new manufacturing facility for mining equipment have been announced in Belarus. It will be situated in the Chinese-Belarusian Industrial Park, currently under construction in the “Velikiy Kamen” special economic zone. The plant will be assembling mining rigs with cooling systems utilizing excess heat. Also read: Two Russian Regions to Develop Large […]

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