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Belarus Pushes Cryptocurrency Adoption to Counter Western Sanctions

Belarus Pushes Cryptocurrency Adoption to Counter Western Sanctions

Published:
2025-09-11 07:57:02
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BTCCSquare news:

Belarus is accelerating cryptocurrency adoption as a strategic response to international sanctions, with President Alexander Lukashenko urging national banks to expand digital asset integration. The move builds on 2017 legislation that legalized crypto mining and trading within the country's Hi-Tech Park zone.

National Bank of Belarus Governor Roman Golovchenko described the reforms as critical for achieving 'breakthrough results' in digital finance. The proposed changes aim to simplify cryptocurrency payments, signaling a long-term strategy centered on the Digital Ruble and blockchain resilience.

While the announcement didn't specify particular cryptocurrencies, the development signals growing institutional recognition of digital assets as geopolitical tools. The measures could create new onramps for BTC, ETH, and other major tokens in Eastern European markets.

|Square

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