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In response to sanctions, Lukashenko promotes cryptocurrencies for economic stability and growth in Belarus
Belarusian President Alexander Lukashenko has authorised banks to increase their use of cryptocurrencies. This decision is aimed at countering the impact of international sanctions and supporting the country’s struggling economy. Lukashenko urged financial leaders to adopt digital assets as tools to stabilise and grow Belarus’s financial system. The President’s directive comes from challenges faced by the national economy in recent years. Recently, Lukashenko has urged lawmakers to create a transparent regulatory framework for digital assets. The move is a response to economic difficulties resulting from ... (full story)
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