Belarus President Pushes Transparent Rules to Attract Crypto Investors
Belarus President Aleksandr Lukashenko urged regulators to finalize long-delayed rules for cryptocurrencies and digital tokens, according to remarks reported by state news agency BelTA on Sept. 5.
BelTA quoted Lukashenko as saying his 2023 instructions to craft comprehensive regulation had yet to produce approved documents. He called for “transparent rules of the game” and new oversight mechanisms, arguing that Belarus needs to keep up with global crypto adoption while safeguarding investors and financial stability.
Citing a report from the State Control Committee, Lukashenko said an inspection of crypto platforms revealed violations in transaction records. He added, according to BelTA, that in about half of the cases funds…