The Belarusian government wants to ban the P2P (Peer-to-Peer) trading or transfer of Bitcoin (BTC) and cryptocurrencies, citing high crime rates.
Belarus to ban P2P payment method nationwide on the bill He announced that he was working. The official statement made by the Ministry of Foreign Affairs of Belarus on July 2 stated that they want to prevent users from trading Bitcoin and cryptocurrencies among themselves.
According to the Ministry’s statement, if the draft law is approved, crypto currency trading And transfer transactions It will not be completely banned. According to the bill, investors can only through official cryptocurrency exchanges can be done.
The Belarusian front, which cited the increasing crime rates as the reason for this attempt to ban P2P transactions, since January 2023 providing “illegal cryptocurrency trading services” 27 citizens referred to its operations. The following statement in the continuation of the government’s statement drew attention:
P2P services pave the way for criminal activities such as cashing in stolen funds. Banning the use of this service among users will make it unprofitable for information technology scammers to operate in Belarus.