Belarus Prepares for Revolutionary 2026 CBDC Rollout
Belarus' Central Bank plans a 2026 CBDC launch to decentralize trade, dodge sanctions, and enhance cross-border payments with blockchain technology.
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Belarus' Central Bank plans a 2026 CBDC launch to decentralize trade, dodge sanctions, and enhance cross-border payments with blockchain technology.
The developments in Belarus echo similar events in Moscow
While noting the possibility of market interest, the Bank underscored the formidable two-sided payment market barriers essential for CBDC's utility.
The Belarusian Ministry of Foreign Affairs is formulating legal changes prohibiting peer-to-peer (P2P) cryptocurrency transactions.
Kallaur noted that the introduction of a CBDC would require changes to the civil code, banking and tax laws, and the national budget.
“In these circumstances we can no longer continue to serve our clients from Russia,” said Vitalii Kedyk, CEO of Currency.com’s Ukraine arm.
Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan.