Belarus establishes registry of criminal encrypted wallets to strengthen anti-money laundering oversight.

Odaily Planet Daily reports that Vasily Gerasimov, Chairperson of the State Control Committee (SCC), announced at a plenary meeting of the Eurasian Group (EAG) that Belarusian authorities have established and are updating a dedicated register to record cryptocurrency wallets involved in criminal proceeds. This database is part of a comprehensive mechanism for the seizure of illicit digital funds introduced in preparation for the upcoming FATF assessment. Gerasimov noted that regulators are introducing new financial investigation mechanisms to quickly detect the flow of criminal funds. Furthermore, regulations concerning cryptocurrency transaction taxation and ensuring transparency in the digital asset sector have also been passed.