Belarusian President Alexander Lukashenko announced a record $1.7 billion in crypto payments processed in the first seven months of 2025.
Record Crypto Payments in Belarus
In the first seven months of 2025, Belarus processed $1.7 billion in crypto payments. This growth reflects a significant development in the country's crypto sector due to strategic regulatory changes.
State Support for the Crypto Sector
President Lukashenko, who has historically supported blockchain initiatives, held meetings with the National Bank to enhance the regulatory framework. Projections indicate that total crypto payments could reach $3 billion by year-end. As the president stated, 'Today, more than ever, settlements using cryptocurrencies are being actively conducted.'
The Future of the Crypto Industry in Belarus
The increase in crypto payments is enhancing investor confidence and reducing dependence on traditional financial systems. Belarus aims to establish a crypto bank, which could further stimulate economic transformations and attract foreign investments.
Government initiatives and regulatory changes in crypto payments could significantly propel Belarus onto the global crypto stage, creating new opportunities for financial integration and technological advancements.
