Belarus becomes a cryptocurrency power, surpassing its global peers in the field of digital finance

Belarus report said cryptocurrency transactions will reach a record $1.7 billion in 2024 driven by favorable regulation and increasing popularity of fintech. Currently, more than 300 cryptocurrency companies operate in the country, with an annual growth rate of 45%, thanks to tax-free policies and strong infrastructure. The government is expanding a blockchain-based payment system and maintaining anti-money laundering/know your customer (AML/KYC) compliance to attract international investment.