Key Points:

• Belarusian President Aleksandr Lukashenko has called for increased adoption of cryptocurrency and cash payments, viewing them as vital for economic resilience.
• During talks with leaders of the central bank and commercial banks, he stressed the importance of regulatory oversight within the crypto market and criticized banks for customer mistreatment, suggesting that firms could face disciplinary actions for such practices starting in 2026.
• Lukashenko ordered the implementation of an instant payment system by year-end to promote liquidity and suggested that cryptocurrency solutions could help maintain trade amidst sanctions against Belarus.

Quote:

“Today, cryptocurrency-based transactions are more active than ever, and their role in facilitating payments is growing,” Lukashenko emphasized.

Translation: “Today, cryptocurrency transactions are becoming increasingly active and their role in facilitating payments is expanding,” said Lukashenko.