Belarus president signs decree to support free circulation of crypto

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Belarus president signs decree to support free circulation of crypto
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Belarusian President Alexander Lukashenko signs a decree affirming formal support of free circulation of crypto, also allowing for the establishment of a register of wallet addresses used in illegal activities. (Reporting via coindanslecoin)

Monday that the president has signed a decree named “On the register of virtual wallet addresses and the circulation of cryptocurrency.”

The document provides a legal basis for Belarus Hi-Tech Park to establish and manage a register of crypto wallet addresses used in illegal activities. The decree document specificallyThe decree intends to protect crypto investors from potential losses and to “prevent unintentional involvement in activities prohibited by law.

According to the document, Belarus’ Council of Ministers is required to adopt appropriate measures to enforce the decree in three months following its publication. Lukashenko’s latest move in the Belarusian crypto regulation ecosystem reaffirms the country’s commitment to supporting cryptocurrency development, including crypto mining and trading. In September 2021, Lukashenko

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