Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market

The Belarusian president strongly supports Bitcoin mining, saying it helps reduce dependence on the dollar system.

2025-11-17 09:03

Odaily Planet Daily reports that Belarusian President Alexander Lukashenko stated at an energy strategy conference that digital assets can serve as a tool to enhance the country's economic autonomy, emphasizing that Bitcoin and cryptocurrency mining can help reduce dependence on the belarusian dollar-dominated system. He pointed out that although digital assets are volatile, given the current geopolitical pressures and foreign exchange restrictions, the benefits of adopting Bitcoin outweigh the risks.

Previously, Belarus had established a regulatory framework for digital asset activities through Decree No. 8. Lukashenko further stated that the country's abundant electricity and industrial infrastructure provide an advantage for expanding mining scale, and surplus energy can be invested in cryptocurrency mining to increase profitability and enhance economic resilience. (Finance Feeds)