The Use of Digital Assets as a Means of Payment Is Permitted

From 18 July 2026, the use of digital assets for settlements between residents and non-residents is officially permitted in the Republic of Belarus [1].

Residents of the High-Tech Park who are included in the National Bank of the Republic of Belarus’s register of crypto banks are authorised to carry out activities involving the use of digital tokens

When making payments via crypto banks, tokens may be used by:

• individuals engaged in craft activities, agro-ecotourism or self-employed professional activities, when payments under civil law contracts concluded with non-residents are credited to their crypto account held with a crypto bank;
• in settlements relating to foreign trade transactions between a resident legal entity and a non-resident legal entity;
• forex companies when making settlements in respect of margin collateral and the return of such funds under contracts with non-resident legal entities, as well as for the purposes of exercising the rights and fulfilling the obligations of forex companies to transfer the aggregate open position of clients (the sum of clients’ open positions) in respect of a specific underlying asset to the National Forex Centre, another forex company [2];
• leasing organisations when making payments to a non-resident supplier for assets acquired for subsequent leasing, in the event of a refund of an advance payment, upon receipt of lease payments from a non-resident lessee, and upon the sale of returned assets to non-residents;
• crypto banks when receiving remuneration (fees) for services rendered, or liquidated damages (fines, penalties) payable in connection with non-performance and/or improper performance of obligations.

[1] Decree of the President of the Republic of Belarus No. 19 of 16 January 2026 “On crypto banks and certain aspects of regulation in the field of digital tokens”;
Resolution of the Council of Ministers and the National Bank of the Republic of Belarus No. 288/13 of 9 June 2026 “On the use of digital tokens as a means of payment”

[2] Clause 12 of Presidential Decree No. 231 of 4 June 2015 ‘On the Conduct of Activities on the Over-the-Counter Forex Market’