Belarus Crypto Banks Open Door to Bitcoin, Ethereum and 26 Digital Assets

TLDR:

• Belarus crypto banks can now operate with around 26 cryptocurrencies, including Bitcoin and Ethereum.
• Services include staking, crypto lending, collateral-backed loans, and digital asset custody.
• Decree No. 19 requires crypto banks to register as HTP residents and joint-stock companies.
• The National Bank will directly supervise crypto banks under Belarus’s regulated financial system.

Belarus is moving deeper into regulated crypto banking after its central bank confirmed new digital asset operations. The country will allow crypto banks to work with around 26 cryptocurrencies, including Bitcoin, Ethereum, Toncoin, and Solana. 

The framework expands legal access to staking, crypto lending, transfers, and token issuance. It also strengthens state oversight through the National Bank and the High-Tech Park system.

Belarus Crypto Banks Expand Bitcoin and Ethereum Services

According to MartyParty, Belarus’s National Bank approved a broad list of digital asset services for licensed crypto banks. The update came through First Deputy Chairman Aleksandr Yahorau, also known as Yegorov.

The approved assets include Bitcoin (BTC), Ethereum (ETH), Toncoin (TON), and Solana (SOL). Stablecoins and several other cryptocurrencies also fall under the new structure.

Crypto banks will handle deposits, loans, collateral-backed lending, and staking services. They can also process transfers between individuals and legal entities.

The list also includes custody, storage, exchange services, and the right to issue their own tokens. This gives licensed firms a wider operating scope than standard crypto exchanges.

The move follows Decree No. 19 signed by President Alexander Lukashenko in January 2026. That decree formally legalized crypto banks inside Belarus.

Decree No. 19 Sets Rules for Belarus Crypto Banks

Under the decree, crypto banks must operate as joint-stock companies. They must also register as residents of Belarus’s High-Tech Park, known as HTP.

The National Bank will supervise these institutions directly. This structure combines traditional banking oversight with digital asset regulation under one system.

Belarus has used the HTP model before for technology and blockchain businesses. The crypto banking model now places digital assets inside that same regulated framework.

Unlike standard crypto platforms, these institutions can provide banking and crypto services together. That includes fiat-linked operations and digital asset management in one entity.

The EU recently tightened crypto restrictions on Russia and Belarus-based providers, according to TRM Labs. Belarus’s domestic crypto banking model now gives the country a formal state-backed structure for internal operations.

The decision signals a stronger institutional approach to crypto rather than exchange-led adoption. It also places Belarus among the few countries building licensed crypto banks under central bank supervision.

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