{"id":233261,"date":"2026-09-28T20:51:38","date_gmt":"2026-09-28T20:51:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=233261"},"modified":"2026-09-28T20:51:38","modified_gmt":"2026-09-28T20:51:38","slug":"belarus-approves-the-countrys-first-crypto-banks-report","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=233261","title":{"rendered":"Belarus Approves the Country\u2019s First Crypto Banks: Report\u00a0"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/belarus-approves-first-crypto-banks\">Belarus Approves the Country\u2019s First Crypto Banks: Report\u00a0<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">The first crypto banks have opened in Belarus, according to reports, after the European country earlier this year <a href=\"https:\/\/bitcoinmagazine.com\/news\/belarus-creates-framework-for-bitcoin\">created<\/a> a legal framework for Bitcoin banks.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">While not yet named, the crypto banks will start operations after obtaining accreditation from the National Bank of Belarus, Russian news agency Interfax <a href=\"https:\/\/interfax.com\/newsroom\/top-stories\/119312\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> Monday.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Back in January, Belarusian President Alexander Lukashenko signed Decree No. 19 \u201cOn Cryptobanks and Certain Issues of Control in the Field of Digital Tokens,\u201d officially creating a legal framework for bitcoin and crypto banks in the country.\u00a0<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p>JUST IN:  The first two &#8220;crypto banks&#8221; in Belarus have been approved. <\/p>\n<p>\u201cThis will facilitate closer integration between traditional finance and the crypto industry.&#8221; <a href=\"https:\/\/t.co\/Y5CHD00SkP\">pic.twitter.com\/Y5CHD00SkP<\/a><\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/x.com\/BitcoinMagazine\/status\/2104632549301797062?ref_src=twsrc%5Etfw\">September 28, 2026<\/a>\n<\/p><\/div>\n<p class=\"wp-block-paragraph\">\u201cThe practical outcome of today\u2019s discussion is the launch and registration of the first crypto banks in the country\u2019s history,\u201d Interfax reported the press service of High-Tech Park saying in a statement.<\/p>\n<p class=\"wp-block-paragraph\">High-Tech Park is a tax and legal regime in Belarus. Digital asset transactions are permitted in the zone.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The statement added that banks would be regulated by Hi-Tech Park and the National Bank.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Dmitry Kalechits, first deputy director of the High-Tech Park supervisory board secretariat, was quoted saying that the move would \u201cimprove the flow of the financial ecosystem\u201d and drive foreign investment to Belarus.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">President Lukashenko last September backed the National Bank\u2019s initiative to establish crypto banks in the country.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The country has long pushed pro-crypto regulations. A 2017 decree legalised crypto mining and trading and temporarily exempted individuals\u2019 crypto income from tax and declaration. That exemption was extended to 2025 and has since been narrowed, with income from foreign platforms now taxed at 13%.<\/p>\n<p class=\"wp-block-paragraph\">Lukashenko has repeatedly promoted Bitcoin mining as a use for surplus electricity, and in 2025 the Mogilev region began preparing sites for mining farms with his backing.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/belarus-approves-first-crypto-banks\">Belarus Approves the Country\u2019s First Crypto Banks: Report\u00a0<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/mathewdisalvo\">Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Belarus Approves the Country\u2019s First Crypto Banks: Report\u00a0 The first crypto banks have opened in Belarus, according to reports, after the European country earlier this year created a legal framework for Bitcoin banks.\u00a0 While not yet named, the crypto banks will start operations after obtaining accreditation from the National Bank of Belarus, Russian [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":233262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-233261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/233261"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=233261"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/233261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/233262"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=233261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=233261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=233261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}