Belarusian High-Tech Park registers first two crypto banks, still awaiting central bank certification
BIBIBI
AT A GLANCE
Belarus has registered two crypto banks, but they are still awaiting central bank certification and registration.
Article
【Belarus registers first two crypto banks, pending central bank certification and entry in the register】
The Belarusian High-Tech Park (HTP) has registered the country's first two crypto banks. The two institutions first obtained HTP resident enterprise status, after which they must pass certification by the National Bank of the Republic of Belarus and be included in the crypto bank register. The names of the specific institutions have not yet been disclosed. Under the relevant decree issued by Belarus this year, crypto banks may combine digital-token operations with banking, payment, and other related financial activities.
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Key points
01
The Belarusian High-Tech Park (HTP) has registered the country's first two crypto banks.
02
The two institutions first obtained HTP resident enterprise status.
03
The two institutions still need to pass certification by the National Bank of the Republic of Belarus and be included in the crypto bank register.
04
The names of the two institutions have not yet been disclosed.
05
Under the relevant decree issued by Belarus this year, crypto banks may combine digital-token, banking, payment, and other related financial activities.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This indicates that the two institutions have completed preliminary registration with the Belarusian High-Tech Park, but are not yet crypto banks that have completed the full market-entry process. They still need to obtain certification from the National Bank of the Republic of Belarus and enter the register.
Why it matters to readers
If certification and registration are completed, the scope for combining digital-token operations with banking and payment activities may expand; their formal operational status has not yet been determined.
“Registration” does not mean “official approval to operate.” Attention should also be paid to central bank certification, the registration outcome, and the specific names and business scope of the two institutions.
Risks and unknowns
It remains unclear whether the National Bank of the Republic of Belarus will complete certification and include the two institutions in the register.
The names of the two institutions have not yet been disclosed.
The scope of activities ultimately authorized for the two institutions remains unclear.
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crypto bank
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