Belarus will include cryptocurrency in the list of eligible underlying assets for non-deliverable over-the-counter financial instruments
According to Cryptopolitan, the Council of Ministers and the National Bank of Belarus have passed a resolution to include cryptocurrencies (including Bitcoin) in the list of eligible underlying assets for non-deliverable over-the-counter financial instruments, which takes effect today.
Non-deliverable OTC instruments are direct contracts between market participants that do not involve the actual delivery of the underlying asset, with both parties settling the price difference in cash at maturity. This move is expected to further integrate cryptocurrencies into Belarus's traditional financial system, creating new investment opportunities.
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