Belarus Formally Legalizes Crypto Banks

Belarus has signed Decree No. 19, legally creating crypto banks that can combine digital token operations with traditional banking services such as payments and deposits. These institutions must be joint-stock companies registered as residents of the High-Tech Park and listed in the National Bank’s crypto bank registry, and they’ll operate under dual oversight by park authorities and the National Bank. The move strengthens Belarus’s role as a regulated digital finance hub and reflects growing global trends toward integrating blockchain into mainstream financial systems.