Belarus has authorized the establishment of a framework for "crypto banks," which can combine token-based operations with traditional banking services

Svmuu News: On January 16, Belarusian President Alexander Lukashenko signed Decree No. 19, establishing a framework for “cryptobanks.” According to a statement from the Belarusian President’s Office, the decree allows joint-stock companies located in the country’s state-run High-Tech Park (HTP) to combine token-based operations with traditional banking, payment, and other financial services. It defines crypto banks as joint-stock companies authorized to conduct such combined operations, subject to dual regulation by the HTP and the National Bank of the Republic of Belarus. Entities must hold resident status in the High-Tech Park and be listed in a specialized registry of crypto banks maintained by the country’s central bank. (The Block)