Belarus President Approves Crypto Banks Authorization

Belarusian President Aleksandr Lukashenko signed Decree No. 19 on January 16, 2026, authorizing the creation of "crypto banks" in the High-Tech Park, merging banking with digital tokens.

The decree positions Belarus as a pioneer in integrating cryptocurrency within banking services, potentially revitalizing its financial sector and expanding innovation opportunities amidst growing digital asset interest.

Belarus President Aleksandr Lukashenko signed Decree No. 19 authorizing the creation of "crypto banks". These institutions are registered under the National Bank of Belarus. The banks will operate as joint-stock companies within the High-Tech Park (HTP).

The decree allows these banks to merge digital token operations with conventional banking services. This dual regulation includes supervision by the HTP Supervisory Board and the National Bank, ensuring compliance with capital adequacy standards.