Belarus authorizes the establishment of a "crypto bank" framework, which can combine token business with traditional banking services

The President of Belarus, Alexander Lukashenko, signed decree No. 19 to establish 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 High-Tech Park (HTP) to combine token operations with traditional banking, payment, and other financial services. It 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 have resident status in the High-Tech Park and be listed in a specialized register of crypto banks maintained by the country's central bank.