This jurisdiction has evolving or restrictive regulations that require careful compliance. Additional licensing, reporting, or operational constraints may apply.
Belarus Cryptocurrency Regulatory Overview
Belarus allows cryptocurrency trading with evolving regulations.
Belarus Blockchain Compliance Requirements
Cryptocurrency is legal in Belarus but regulatory framework is still developing. AML/CFT requirements may apply.
Crypto Licensing Requirements in Belarus
Crypto businesses, such as exchanges and platform operators, must register as a resident of the High-Tech Park (HTP). This requires compliance with HTP regulations, including specific financial and technical standards, and adherence to AML/KYC rules. The HTP Administration acts as the primary regulator for these activities.
Cryptocurrency Tax Treatment in Belarus
Cryptocurrency operations, including mining and trading, are exempt from income and capital gains tax for both individuals and HTP-resident entities. This tax holiday, established by Decree No. 8, has been extended and is currently in effect for 2025-2026.
Crypto Banking Access in Belarus
Limited banking access.
Official Sources & Regulatory References
AML/CFT requirements may be stringent or evolving. Enhanced due diligence may be required.
Enforcement actions may be unpredictable or strict. Monitor regulatory developments closely.
Disclaimer: This information is provided for general guidance only and should not be considered legal advice. Regulations change frequently. Always consult with qualified legal professionals in the relevant jurisdiction before making business decisions.