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Belarus Formally Legalizes Crypto Banks

Published by
Sohrab Khawas

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.

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Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

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