Belarusian President Alexander Lukashenko has called on the banking sector to increase cryptocurrency adoption as a response to economic pressures caused by Western sanctions.
Introduction
The head of state emphasized the rising role of digital assets in facilitating international payments, particularly under sanctions.
Current Market Situation and Predictions
According to data, cryptocurrency transactions related to external payments in Belarus reached $1.7 billion in the first seven months of 2025. Lukashenko forecasts that these payments may reach $3 billion by the year's end.
Regulatory Measures and Future of Cryptocurrencies
The Belarusian government is pushing for clear regulations on the cryptocurrency market. In 2024, laws were enacted to limit trading outside of domestic exchanges to enhance oversight, while also promoting regulated digital asset circulation.
Thus, Belarus is taking steps towards the active integration of cryptocurrencies into its economy in response to external economic challenges.
