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Belarus Reports Record Cryptocurrency Transaction Volumes Amid Regulatory Push
Belarus Reports Record Cryptocurrency Transaction Volumes Amid Regulatory Push
21
3
BTCCSquare news:
Belarusian President Alexander Lukashenko revealed unprecedented cryptocurrency transaction volumes during a meeting with the nation's banking leaders. External payments through crypto exchanges reached $1.7 billion in the first seven months of 2024, with projections suggesting $3 billion by year-end.
The president emphasized digital assets as crucial for economic development, urging bankers to expand token applications. This follows his recent call for regulatory modernization to keep pace with industry growth. No specific coins or exchanges were mentioned in the official announcement.
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