- All operations can be performed only through a special platform
- This is how Lukashenka’s regime allegedly fights against illegal money circulation
Ministry of Internal Affairs of Belarus trains a new law that will prohibit the exchange of cryptocurrencies between individuals.
“For transparency and control, citizens will be allowed to carry out such financial transactions only through the HTP exchanges [Парка высоких технологий]»
As arguments, the Ministry of Internal Affairs cites crime statistics. According to them, since the beginning of the year, 27 illegal exchangers have been detained in the Republic of Belarus. The total income of such outlets amounted to 22 million rubles.
In many cases, digital money is used by scammers to launder money and finance criminal schemes.
“The introduction of a practice similar to the procedure for exchanging foreign currencies will make it impossible to withdraw money obtained by criminal means. Under such conditions, it will simply become unprofitable for fraudsters in the sphere of information technology to operate in Belarus.”
Lukashenka is no longer a miner?
In March 2022, Alexander Lukashenko announced plans to use cheap electricity for cryptocurrency mining.
At a meeting with farmers, the self-proclaimed president said that Belarusians are not well received abroad and the only job they can count on is low-paid rural labor. For example, picking strawberries in Poland and Germany. Then he advised farmers to switch to bitcoin mining.
“Bet on electricity and start mining cryptocurrency or whatever it is called. There is enough electricity in the country.”