Belarus Establishes Legal Framework for 'Cryptobanks' via New Presidential Decree
Belarus Establishes Legal Framework for 'Cryptobanks' via New Presidential Decree
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Belarus has introduced a new presidential decree creating a legal framework for 'cryptobanks', allowing traditional financial institutions to combine token activity with payment and other financial services. These operations will be overseen by the central bank and a designated tech park.
The rules allow banks to combine token activity with payments and financial services under central bank and tech park oversight.