Crypto & Digital Assets · Belarus
Is crypto legal in Belarus? Regulation & rules (2026)
Belarus shaded by its crypto & digital assets status
Crypto and digital tokens are explicitly legal in Belarus and have been regulated since Decree No. 8 (2017), which legalized token issuance, mining, exchange and ownership while channeling commercial activity through residents of the High-Technology Park (HTP). In January 2026 Decree No. 19 created a new 'crypto bank' regime — joint-stock companies that combine token services with banking under dual HTP/National Bank supervision — and in April 2026 authorities published an initial list of 26 permitted assets (incl. BTC, ETH, SOL, TON and stablecoins). The first crypto banks are expected to be licensed by summer 2026.
Key points
Decree No. 8 legalized token creation, placement, mining, exchange and disposal; commercial token activity is reserved to residents of the High-Technology Park, while individuals may hold, mine and exchange crypto.
A crypto bank is a joint-stock company authorized to combine digital-token activity with banking, payment and related financial operations; it must be an HTP resident and entered in the National Bank's register of crypto banks.
Crypto banks are overseen by both the National Bank of the Republic of Belarus and the HTP's governing/supervisory bodies, and must comply with rules applicable to non-bank credit and financial institutions.
In April 2026 authorities approved an initial list of 26 cryptocurrencies (including Bitcoin, Ethereum, Solana, Toncoin and stablecoins), selected by market cap/liquidity and described as a 'living document' that will expand over time.
The blanket personal income-tax exemption on crypto ended 1 Jan 2025: individuals must now declare crypto income annually and pay 13% on transactions via foreign platforms, while transactions with HTP-resident companies remain tax-free; HTP corporate tax benefits run to 2049.
President Lukashenko in Sept 2025 ordered 'clear and transparent rules' for the crypto market alongside state control; the National Bank expects to process the first crypto-bank applications by summer 2026.
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Last verified 5/23/2026 · Orientation, not legal advice - verify against the primary sources linked above. Explore the full world map →