🇧🇾 Belarus

Belarus maintains a crypto-friendly environment with a special legal regime for regulated token circulation under the High Technologies Park (Парк высоких технологий). The country supports IT and digital economy development through favorable legislation and infrastructure.

Overview

Statuscrypto_friendly
Risk Score65/100 (High Risk)
Regioneurope
CurrencyBYN
Adoption Rank#29

Tax

VAT on CryptoNo

Licensing

RequiredYes
RegulatorHTP / NBRB
FrameworkDecree No. 8 'On the Development of the Digital Economy' (2017)
Easemedium
Cost$15,000 - $100,000

Licensing is managed under the High Technologies Park special legal regime, providing a regulated framework for token circulation and crypto business operations.

DeFi

Status: regulated

DeFi activities are regulated under the digital economy framework, with oversight provided by the High Technologies Park legal regime.

Stablecoins

Status: regulated

Stablecoins are regulated under the same digital economy framework, ensuring compliance with AML and licensing requirements.

NFTs

Status: no_rules

No NFT-specific regulation. May fall under general digital token provisions of Decree No. 8.

Mining

LegalYes
Electricity$0.055/kWh
Renewable3%
Infrastructuregood

Mining is legal and benefits from relatively low electricity costs and good infrastructure within the High Technologies Park and broader Belarusian IT ecosystem.

Geopolitics

Stabilitymoderate
SanctionsYes
Corruption Index44/100
Banking Accessmoderate

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

← Back to Crypto Map