Odaily Planet Daily News: On January 16, Belarusian President Alexander Lukashenko signed Decree No. 19, establishing a framework for "crypto banks." According to a statement from the Belarusian presidential office, the decree allows joint-stock companies located in the country's state-run High-Tech Park (HTP) special economic zone to combine token-related business with traditional banking, payment, and other financial services. The decree defines a crypto bank as a joint-stock company authorized to conduct such combined operations, which must be subject to dual regulation by the HTP and the National Bank of the Republic of Belarus. Entities must hold resident status in the High-Tech Park and be listed in a special crypto bank registry maintained by the country's central bank. (The Block)
Belarus Establishes Framework for 'Crypto Banks' Combining Token and Traditional Financial Services
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Summary
Belarusian President Alexander Lukashenko signed Decree No. 19 on January 16, 2026, to establish a compliance framework for "crypto banks." The decree allows joint-stock companies within the High-Tech Park (HTP) to provide both token-related and traditional financial services. These institutions must be registered in a special registry by the National Bank of Belarus and are regulated by both the HTP and the central bank. Entities must also hold resident status within the HTP. The initiative aims to enhance liquidity and cryptocurrency markets while ensuring regulatory oversight.
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