Belarus introduces legal framework for cryptobanks, merging digital asset activity into regulated banking system under state oversight. Cryptobanks must operate as joint-stock companies within Hi-Tech Park, following rules for non-bank institutions. Decree aims to combine token-based operations with traditional banking services, strengthening Belarus as a financial IT hub. President Lukashenko emphasizes controlled crypto strategy to align with state-approved channels. Belarus continues crackdown on unregulated crypto activity, blocking access to offshore exchanges.

Read more at Cointelegraph: Belarus Introduces State-Regulated Cryptobanks