Belarus Approves Crypto-Banking Framework for High-Tech Park Firms
Belarus’ president has signed a decree allowing High-Tech Park (HTP) companies to integrate token services with traditional banks, enabling activities such as token issuance, custody and payment processing in combination with banking services. The decree builds on Belarus’ existing tech-friendly stance and explicitly connects licensed token operations to the regulated banking sector, opening legal room for fintech firms inside the HTP to offer hybrid crypto‑fiat products.
The change matters because it reduces legal ambiguity for startups that want to bridge tokens and fiat rails, potentially speeding product launches and attracting investment to Minsk’s tech cluster. Practical details on licensing, AML/KYC and central bank oversight are expected in follow-up regulations; nevertheless, this step may strengthen Belarus’ competitiveness as a regional fintech hub by making treasury, payments and custody integrations easier for compliant firms.