Belarus is moving toward legalizing cryptocurrency operations including copy trading and airdrops as part of crypto bank launch preparations.
Regulation & Gov ·
Belarus is advancing legislation to permit additional cryptocurrency operations as it prepares for the introduction of crypto banks, according to state media. The planned additions include copy trading, airdrops, and trust management arrangements. The country has already established regulatory infrastructure allowing both individuals and legal entities to acquire, sell, and profit from cryptocurrency transactions within existing restrictions.
The crypto bank framework—legislation set to take effect shortly—will combine crypto residency status with banking oversight from the National Bank, enabling certain individuals and select businesses to conduct foreign economic transactions using cryptocurrency on a fully legal basis. Officials noted that ongoing legislative discussions extend beyond these initial operations to encompass other activity types previously unavailable.
A government advisor emphasized alignment between state interests and compliant users, stating both seek expanded means to invest and deploy assets legally and securely. However, specifics on timing for the broader activity set remain unconfirmed, and the full scope of what constitutes the "many other things" under discussion has not been detailed.