The decree provides a legal basis for Belarus Hi-Tech Park to set up a register of crypto wallets used in illegal activities.
Belarusian President Alexander Lukashenko has signed a decree affirming the country’s formal support of free circulation of cryptocurrencies like Bitcoin (BTC).Lukashenko’s press office announced Monday that the president has signed a decree “On the register of virtual wallet addresses and the circulation of cryptocurrency.”The document provides a legal basis for Belarus Hi-Tech Park to establish and manage a register of crypto wallet addresses used in illegal activities. The decree document specifically details the process and standards for seizing cryptocurrency from criminals by the government.The decree intends to protect crypto investors from potential losses and to “prevent unintentional involvement in activities prohibited by law.”The announcement points out that Belarus has taken a
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