Belarus President Lukashenko legalizes cryptobanks as joint ventures, merging crypto with traditional finance.
- Belarus legalizes cryptobanks, integrating them with traditional banks.
- President Lukashenko signed the decree on January 16, 2026.
- The move aims to establish Belarus as a crypto finance hub.
On January 16, 2026, Belarus President Alexander Lukashenko signed Decree No. 19, legalizing cryptobanks as joint-stock companies, integrating traditional banking with digital token operations.
This move positions Belarus as a crypto hub, welcoming local and international investors amid global fintech interest, fostering significant advancements in the country’s financial landscape.
Belarus President Alexander Lukashenko signed a decree on January 16, 2026, legalizing cryptobanks as integrated financial institutions.
The decree aims to position Belarus as a key player in global crypto finance, encouraging both local and international investment.
Belarus Revolutionizes Finance with Decree No. 19
The signing of Decree No. 19 legalized cryptobanks in Belarus, marking a significant shift towards integrating digital and traditional finance. It reflects the government’s ongoing efforts to modernize the financial sector.
President Lukashenko, along with prominent figures like Alexander Egorov, played pivotal roles. These measures denote a major policy shift in Belarus, aiming to bridge fintech and traditional banking.
“This new framework for crypto banks not only opens new avenues for our economy but also establishes a regulatory environment aimed at boosting investor confidence.” — Alexander Egorov, First Deputy of the National Bank of the Republic of Belarus (NBRB)
Foreign Investments Surge: Cryptobanks Attract Global Interest
This decision is expected to attract foreign investment and enhance Belarus’s reputation as an innovator in finance. Many experts and investors are observing how quickly Belarus can launch these new institutions.
The introduction of cryptobanks may transform the financial landscape, aligning with Belarus’s strategic goals of economic resilience under sanctions. It may also stimulate job creation in fintech sectors.
Belarusian Crypto Evolution: From 2018 to Now
Belarus has been gradually adopting crypto technologies, building on legislation since 2018. The 2018 initiatives established High-Tech Park for digital assets, setting a foundation for this new regulatory step.
Experts suggest that the unique dual regulation by NBRB and HTP could set a precedent for future cryptocurrency integrations globally, potentially leading to a surge in fintech innovations.
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