Exchanges, Banks, Belarus

Belarusbank, one of the largest credit institutions in Belarus, has partnered with OTC broker White Bird to offer a bitcoin buying service, according to an announcement Monday.

For now, purchases will be available via bank cards issued in Belarus and Russia (the two countries’ financial systems are well connected). But going forward, the bank is planning to sell cryptocurrency in other neighboring countries, such as Ukraine, Georgia and Commonwealth of Independent States (CIS) nations.

According to Belarusbank spokesperson Alexei Kulik, users will be able to withdraw bitcoin to their wallets “with no intermediaries whatsoever.†The service will function using White Bird’s online infrastructure.

Litecoin and ether are expected to be added to the service soon, Kulik told CoinDesk via email.

Belarus officially legalized crypto transactions in 2018. Bitcoin has become a key tool for distributing help to Belarusians who lost their jobs during protests against President Alexander Lukashenko that have been rocking the country since mid-August.

Du lịch nhật bản, hướng dẫn du lịch Nhật và đánh giá địa điểm Nhật Bản Japan travel news, japan travel guides, japan holiday destinations and japan reviews

RELATED NEWS

Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals

Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite way to extract money. Australians Lose $670 Million to Scammers in a […]

Xem chi tiết: Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals

Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says

New technologies, including blockchain and cryptocurrency mining, have helped Iran to increase budget receipts and withstand foreign sanctions, according to the country’s minister for economy and finance. The high-ranking official believes the government can’t interfere with their development for too long. Government Official Cautions Against Impeding Crypto Development Over the past few years, Tehran has […]

Xem chi tiết: Government Cannot Stand in the Way of Crypto Technologies, Iran Minister Says

Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance

Sina Weibo, the Chinese equivalent of Twitter, banned the accounts of several key cryptocurrency and defi influencers in the country yesterday, according to reports from local sources. This might be a continuation of the anti-crypto stance the Chinese state has been exerting since 2013, and more profoundly in the last days with the crackdown of […]

Xem chi tiết: Weibo Cracks Down Crypto Related Accounts as China Strengthens Its Anti Crypto Stance

Tiger Brokers and Futu to Offer Crypto Trading Services Outside China

Two Chinese online brokerages have set out to enter the global crypto trading market. The platforms, Tiger Brokers and Futu, are planning to offer their services only outside the People’s Republic as Beijing is once again cracking down on bitcoin trading in the country. Major Chinese Online Brokers Dive Into Crypto Trading Beijing-based Tiger Brokers […]

Xem chi tiết: Tiger Brokers and Futu to Offer Crypto Trading Services Outside China

Central Bank of Sweden Invites Financial Market Actors for Second Phase of E-Krona Pilot

Sveriges Riksbank, the central bank of Sweden, will carry out the next stage of its e-krona project with the help of two organizations from the financial sector. The move signals a transition from the initial in-house testing with simulated participants to cooperation with real, external partners. Riksbank to Work With Handelsbanken and Tietoevry to Test […]

Xem chi tiết: Central Bank of Sweden Invites Financial Market Actors for Second Phase of E-Krona Pilot

Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains

Australia’s revenue service has reminded a growing number of crypto investors about their tax obligations. Rejecting the common misconception that crypto gains are only taxable when coins are cashed back into dollars, the tax office is going to prompt hundreds of thousands of taxpayers to report profits and losses from their cryptocurrency transactions. Tax Office […]

Xem chi tiết: Australian Tax Office to Prompt 400,000 Crypto Holders to Report Their Gains

Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft

A new law draft approved just today by the Finance Commission of the Spanish Congress would make Spain-based custody services report the ownership of the cryptocurrencies under management. The law, which was stuck in Congress for some time, aims to close a gap in the legislation that allowed some users to bypass the requirements and […]

Xem chi tiết: Spain Based Custodial Services to Report Ownership of Crypto Assets, According to New Law Draft

‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan  

Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.†The praise comes from a publication associated with one of Brazil’s far-left parties. A recently published article claims that CBDCs such as China’s digital yuan can radically change global finances and government policies. Digital Yuan to Do Away With […]

Xem chi tiết: ‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan  

Bank of Korea Seeking Technology to Develop Digital Currency

Dutch Central Bank Revokes Strict Verification Rules for Crypto Exchanges

Bank of Russia to Launch Digital Ruble Prototype by End of Year

Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn

Restrictions on Crypto Trading to Deprive Nation of Opportunities, Iranian Fintechs Warn

Bitcoin’s Smallest Unit: Billionaire Mike Novogratz Wants Crypto Exchanges to Quote Satoshis

South Korea to Crack Down on Phishing Websites Attacking Crypto Users

China’s Digital Yuan Smart Card to Feature Biometrics and Fingerprint Scanning

Other Articles