In Belarus, they plan to allow around 25 cryptocurrencies into the market, including Bitcoin and Ether. This was announced by Alexander Egorov, the First Deputy Chairman of the National Bank's Management Board. According to him, companies working with virtual assets will need to obtain the status of a resident of the High Technologies Park and be included in the special register of the National Bank. The regulatory framework for this is still being developed. "Both stablecoins and traditional Bitcoin and Ether are expected to be circulated. About 25 types of cryptocurrencies will be permitted. Everything will also depend on market development, as new assets are constantly emerging and quickly gaining capitalization," Egorov stated. In mid-April, the National Bank's Supervisory Council will review a document regulating work with crypto assets. The list of approved cryptocurrencies can be revised depending on market conditions. At the same time, the issuance of stablecoins pegged to the Belarusian ruble is not planned — the regulator is betting on the digital Belarusian ruble. The Chairman of the National Bank, Roman Golovchenko, said that by July 2, the department needs to determine the procedure for reviewing applications for inclusion in the crypto bank register. According to Egorov, there are no applications from market participants yet, as the relevant legislation has not yet come into force.

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