Belarus Wants to Restrict Cryptocurrency Trade!

Belarus, which has been on the world agenda as a result of the events in Russia in recent days, is preparing to make a new move in the crypto money sector.

The Belarusian Ministry of Internal Affairs announced on social media that they want to impose new restrictions on crypto trading. Authorities are considering banning peer-to-peer (P2P) crypto trading, according to information released minutes ago.

Addressing the press, government official Alexander Ringevich cited illegal activity as the justification for his ideas. According to the data, Belarusian authorities have stopped the activities of 27 people since the beginning of the year. According to Ringevich’s claim, Belarus made 22 million rubles in revenue by curbing illegal activity. The deputy minister emphasized that the fraudsters turned the money they stole into cash by trading between individuals.

The Ministry of Interior is not yet considering intervening in the cryptocurrency trading activity on exchanges.

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