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Putin Reveals Over 85% of CIS Trade Now in National Currencies

[Oct 9 1:30 AM] Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part…

Belarusian President Claims Decline in US Dollar and Euro Use Globally

[May 13 12:23 PM] Belarusian President Alexander Lukashenko stated that many nations are reconsidering their use of the U.S. dollar and euro due to recent global financial tensions. Speaking in Minsk, Lukashenko highlighted that this shift is not limited to Belarus…

From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10

[Jul 10, 2023 2:00 PM] South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023.

Belarus Looks to Ban Peer-to-Peer Crypto Transactions to Reduce Fraud

[Jul 3, 2023 9:14 AM] The east European country is working on legislation to make it harder for fraudsters to get their hands on the proceeds of crime.

Belarus wants to ban P2P cryptocurrency transactions

[Jul 3, 2023 3:10 AM] The Ministry of Foreign Affairs of the Republic of Belarus cited a high crypto crime rate for banning all citizens from exchanging Bitcoin with each other.

Belarus Seeks to Deepen Ties With BRICS, SCO, ASEAN — Pushes for Economic Union With Zero Restrictions

[May 28, 2023 8:00 PM] Belarus President Alexander Lukashenko says his country’s response to sanctions is to deepen relations with the BRICS, the Shanghai Cooperation Organization (SCO), and the Association of Southeast Asian Nations (ASEAN). “The creation of…

Belarus to decide on issuing CBDC by year’s end: National bank chair

[Apr 19, 2023 11:02 AM] Chairman of the Belarusian national bank Pavel Kallaur said a decision on a CBDC would be made “at the level of head of state” after consultations.

Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025

[Apr 1, 2023 4:30 AM] Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized…

Belarusian Fined $1 Million for Illegal Crypto Trading

[Jan 13, 2023 3:00 AM] A Belarusian citizen will have to pay a hefty fine for illegally organizing the exchange of cryptocurrencies online. Law enforcement authorities in the country, where certain crypto activities are legal, do not plan to impose other penalties…

Crypto OTC trading to get traction due to FTX fiasco, exec says

[Dec 27, 2022 4:30 AM] The FTX crash could trigger a bigger demand for crypto OTC services as investors are looking for alternative crypto exchange methods amid weak trust in CEXs.