Belarus authorized "cryptobanks" on Jan. 16, allowing certain firms to combine token services with traditional banking operations.
Lukashenko called for regulatory oversight of the crypto market and criticized banks for mistreating customers.
Lukashenko pressed regulators to finalize a framework for digital tokens, saying Belarus must pair investor safeguards with its bid to be a crypto-friendly hub.
We have excess electricity. Let them make this cryptocurrency and so on," Lukashenko told Minister of Energy Alexei Kushnarenko