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On July 16, 2026, the Council of Ministers of the Republic of Belarus and the National Bank of the Republic of Belarus issued a joint resolution establishing procedures for cryptocurrency banks to conduct remote client identification. The resolution, numbered 363/15, addresses the operational requirements for cryptobanks operating in Belarus to implement remote identification mechanisms for their clients. This development reflects the regulatory framework governing cryptocurrency banking activities within the jurisdiction, establishing standardized protocols for customer identification processes conducted at a distance rather than through in-person verification. Remote client identification procedures are essential for cryptocurrency banking operations, as they enable financial institutions to comply with anti-money laundering and know-your-customer requirements while accommodating the digital nature of cryptocurrency transactions. The resolution provides cryptobanks with formal guidance on acceptable remote identification methodologies, ensuring consistency across the sector and maintaining compliance with Belarus's financial regulatory standards. The joint issuance by both the Council of Ministers and the National Bank of the Republic of Belarus demonstrates coordinated regulatory oversight of the cryptocurrency banking sector. This approach ensures that monetary policy considerations and governmental administration align on cryptocurrency banking supervision. The resolution became effective on July 16, 2026. **Reference:** Council of Ministers of the Republic of Belarus and National Bank of the Republic of Belarus Resolution 363/15 (July 16, 2026), available through the National Center of Legislation and Legal Information of the Republic of Belarus (ETALON-ONLINE system).

On January 16, 2026, the Decree of the President of the Republic of Belarus on Cryptobanks and Specific Issues of Control in the Field of Digital Tokens was published in the official legal database of Belarus. Key points include: Joint-stock companies that are residents of the High-Tech Park (HTP) and included in the register of cryptobanks of the National Bank (hereinafter referred to as the register) have the right to combine activities using digital signs (tokens) with the performance of banking, payment and other related financial transactions in accordance with the Regulation on the activities of cryptobanks . Control over compliance by residents of the High-Tech Park, carrying out activities using digital signs (tokens), with the legislation regulating their activities using digital signs (tokens), including legislation on the prevention of money laundering, the financing of terrorist activities and the financing of the proliferation of weapons of mass destruction, as well as decisions of the HTP Supervisory Board on issues of activities using digital signs (tokens) is carried out by the Secretariat of the HTP Supervisory Board, taking into account the features established by legislative acts regulating the activities of cryptobanks. The HTP Supervisory Board has the right to send mandatory instructions to professional participants in the token market, such as: An order to introduce a ban on certain types of transactions with digital tokens. A requirement for a temporary (for a period of no more than three calendar months) limitation on the total volume of transactions (operations) with digital tokens carried out by professional participants in the token market during a calendar month.

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Belarus Council of Ministers and National Bank Issue Cryptocurrency Bank Remote Client Identification Procedures

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Belarus Publishes Decree on Specific Issue of Control Regarding Digital Tokens in the Official Legal Database