Belarus signs crypto bank regulation law, clarifying compliance pathways and entry standards

OnChainDetective · 2026-01-16T09:10:11+00:00

The President of Belarus has signed a decree to establish a regulatory framework for crypto banks and digital token operations, aiming to enhance the competitiveness of financial technology. Crypto banks are required to register and complete registration in high-tech parks, while also complying with relevant laws and regulatory requirements to ensure compliant operations.

OnChainDetective

2026-01-16 09:10:11

Abstract generation in progress

【Blockchain Rhythm】Belarusian official news agency reports that on January 16, the President signed Decree No. 19, establishing a regulatory framework for crypto banks and digital tokens operations. The core goal of this decree is to enhance Belarus's competitiveness in the fintech sector while creating a legal environment conducive to the domestic development of crypto banks.

The decree clearly defines the identity of “crypto banks” — they are a type of joint-stock enterprise that can legally integrate digital asset services with traditional banking, payment settlement, and related financial services. To operate locally, crypto banks must meet two mandatory conditions: first, they must be registered in a high-tech park (HTP) and obtain resident status; second, they must complete registration as a crypto bank with the National Bank.

It is worth noting that these institutions are not entirely free to operate; they must also comply with the legal framework for non-bank credit financial institutions and adhere to relevant resolutions of the High-Tech Park Supervisory Committee. This layered regulatory approach provides industry participants with clear compliance expectations while maintaining regulatory rigor.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

8 Likes

Reward
8
6
Repost
Share

Comment

0/400

quietly_staking

· 1h ago

Belarus's recent moves are okay, at least the framework is clear --- HTP Park + National Bank registration, can this combo hold up? --- It's another layer of regulation, capital's biggest annoyance --- Finally, a country has figured out how to handle crypto banking, others should learn from it --- Having a clear compliance path is good, but can this entry threshold allow small projects to survive? --- It seems White Russia has ambitions to build a crypto financial center --- So, to activate this during the day, you still need to play within HTP

View OriginalReply0

MetaverseVagrant

· 9h ago

Belarus is up to new tricks again, this time really trying to cause trouble It's both a high-tech park and layers of approval, feels like the same old story with a different wrapper The promised freedom, but in the end, it's still tightly controlled Regulatory frameworks are layered one after another, ordinary people simply can't play A routine of wanting the cake and eating it too, it's so old Belarus really wants to benchmark against Switzerland, but this step is a bit awkward Only high-tech parks can open shops? Too many restrictions It's a dead end, where will the next hot spot be It's just talk on paper; execution is the real test This thing looks strict on the surface, but the real challenge of compliance is taking off But it's better than the previous one-size-fits-all approach; at least there's a way forward

View OriginalReply0

ChainMaskedRider

· 9h ago

Belarus is really serious about this, and this move is quite pragmatic. Having to enter the park and go through filing, it seems the level of freedom isn't that high. Regulatory nesting dolls, layer after layer of scrutiny—feels a bit pessimistic. But it's still better than banning outright, at least providing a nominal way out.

View OriginalReply0

BearMarketSurvivor

· 9h ago

Overlay regulation? This is like tying a leash on crypto banks—appearing open but actually tightening.

View OriginalReply0

BoredWatcher

· 9h ago

Belarus's recent moves are okay, at least the attitude is clear. It's another move to enter the park, this routine is the same worldwide. A clear compliance path is enough, but added regulation really is annoying. To settle in HTP, you also need to register with the central bank, the threshold isn't low. This guy's game is becoming more and more regulated, quite interesting.

View OriginalReply0

BridgeJumper

· 9h ago

Belarus's recent move is decent; at least it's better than some countries' "bans."

View OriginalReply0