Belarus Plans Crypto Bank: Supporting 26 Crypto Assets and 11 Business Operations

Odaily reported that Alexander Egorov, Deputy Chairman of the National Bank of the Republic of Belarus, stated that the country is advancing the development of a "crypto bank" framework, planning to support approximately 26 crypto assets and 11 core business operations. According to relevant decrees, the crypto bank will be permitted to use major cryptocurrencies and stablecoins, including Bitcoin, Ethereum, Toncoin, and Solana.

In terms of business scope, this encompasses 11 operations including crypto deposits, crypto loans, staking, staking rewards (staking), asset transfers, proprietary token issuance, trading and exchange, as well as custody services. (Belta)