{"id":47401,"date":"2025-09-05T20:54:11","date_gmt":"2025-09-05T13:54:11","guid":{"rendered":"https:\/\/hbbgroup.net\/belarus-president-lukashenko-calls-for-clearer-crypto-framework\/"},"modified":"2025-09-05T20:54:11","modified_gmt":"2025-09-05T13:54:11","slug":"belarus-president-lukashenko-calls-for-clearer-crypto-framework","status":"publish","type":"post","link":"https:\/\/hbbgroup.net\/zh\/belarus-president-lukashenko-calls-for-clearer-crypto-framework\/","title":{"rendered":"Belarus President Lukashenko calls for clearer crypto framework"},"content":{"rendered":"
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Belarusian President Aleksandr Lukashenko instructed lawmakers to create clear and transparent rules for the country\u2019s cryptocurrency market. <\/p>\n

\"Belarus<\/picture><\/div>\n
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Belarusian President Aleksandr Lukashenko instructed lawmakers to develop transparent rules for the country\u2019s cryptocurrency market.<\/p>\n

According to a Friday report<\/a> by the local news agency Belarusian Telegraph Agency, Lukashenko said during a recent government conference that it is important for Belarus to keep up with trends. He said:<\/p>\n

\u201cThe task of the state in these conditions is to determine understandable, transparent rules of the game and mechanisms for control in this sphere. It is important because it is a new area for the country.\u201d<\/p><\/blockquote>\n

Lukashenko pointed out that in 2023, he \u201cgave a number of instructions to ensure comprehensive regulation of the sphere of digital tokens and cryptocurrencies.\u201d He was referring to the Belarusian Presidential Decree No. 80<\/a>, which called for developing a national crypto framework.<\/p>\n

Alexander Lukashenko. Source: <\/em>Wikimedia<\/em><\/a><\/figcaption><\/figure>\n

Related: <\/strong><\/em>SEC\u2019s agenda proposes crypto safe harbors, broker-dealers reforms<\/strong><\/em><\/a><\/p>\n

Belarus shows interest in crypto<\/h2>\n

The Belarusian president noted that it is necessary to clearly determine the role of government agencies and the government-backed IT special economic zone Hi-Tech Park in the crypto industry. The remarks follow Lukashenko\u2019s instructions in March to his energy minister to begin developing the country\u2019s cryptocurrency mining industry<\/a>.<\/p>\n

\u201cLook at this mining,\u201d Lukashenko said, according to a translated version of the report. \u201cIf it is profitable for us, let\u2019s do it. We have excess electricity. Let them make this cryptocurrency and so on.\u201d<\/p>\n

Related: <\/strong><\/em>\u2018Too few guardrails,’ CFTC\u2019s Johnson warns on prediction market risks<\/strong><\/em><\/a><\/p>\n

Yes to crypto, but not really<\/h2>\n

While Belarus appears to be interested in cryptocurrency, it also seems to be opposed to its decentralized and permissionless nature. In the summer of 2023, the Belarusian Ministry was working on legal amendments that would prohibit peer-to-peer transactions<\/a> in cryptocurrencies, such as Bitcoin.<\/p>\n

That intent was translated into a new law last year, when, in mid-September, Lukashenko signed<\/a> Decree No. 367. Per the announcement, \u201cthe decree established a ban for individuals, including individual entrepreneurs who are residents of the Hi-Tech Park, on buying and selling cryptocurrency outside Belarusian crypto exchanges.\u201d<\/p>\n

The move aims to ensure state control over digital assets in the nation. The announcement reads:<\/p>\n

\u201cThis is intended to promote the development of a transparent and controlled circulation of digital tokens, primarily cryptocurrency.\u201c<\/p><\/blockquote>\n

Magazine: <\/strong>The one thing these 6 global crypto hubs all have in common\u2026<\/strong><\/a><\/p>\n