Belarus does not plan to tighten existing cryptocurrency regulations, despite the proposal by its main economic ally, Russia, to ban cryptocurrency mining and transactions.
Bloomberg‘of January 25 According to the news dated Belarus, It does not intend to tighten existing cryptocurrency regulations, amid discussions about cryptocurrency bans in its economic ally Russia. According to the news Belarusian cryptocurrency regulator Hi-Tech Park‘s press service via e-mail “Currently, no restrictions are foreseen in the current regulatory model.” he declared.
President of Belarus Alexander Lukashenko, 2017 in the country in use of cryptocurrencies had released. in the country now cryptocurrency trade, mining and public cryptto have that money allowed. Product and services for Cryptocurrency payments are prohibited in Belarus where companies via Hi-Tech Park cryptocurrency trading can and also new tokens can create.
Belarus is close with neighboring country Russia, which has proposed to ban cryptocurrency trading and mining economic and political is in cooperation.