Is cryptocurrency legal in Belarus?

Ah, an intriguing inquiry indeed! cryptocurrency legality in Belarus is a topic that's been gaining significant momentum in recent years. Let's delve a bit deeper, shall we? Belarus has positioned itself quite favorably among the crypto-friendly nations in Europe. In fact, Belarus has gone a step further by introducing its own first legal cryptocurrency exchange service. This significant move was undertaken by the state-owned bank, Belarusbank, which partnered with a local cryptocurrency firm, White Bird. This partnership allows citizens of Belarus, and even Russia, to legally buy and sell crypto. Moreover, Belarus boasts a favorable tax regime for cryptocurrencies, with zero tax being levied on crypto transactions valid through 2023. This tax holiday, along with the establishment of a legal exchange, has positioned Belarus as a hub for cryptocurrency and blockchain projects. So, to answer your question succinctly, *yes*, cryptocurrency is legal in Belarus, and the country has taken several proactive steps to foster a favorable environment for crypto adoption.