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Belarus President Aleksandr Lukashenko has demanded stricter cryptocurrency regulations to safeguard investors and national economic interests. The push follows a state audit revealing significant losses from citizen investments in foreign crypto platforms. New rules aim to balance market freedom with financial stability.
- State audit revealed 50% of citizen investments in foreign crypto platforms fail to return
- Current regulatory framework under Hi-Tech Park Ordinance No. 8 considered inadequate for comprehensive oversight
- Plans underway for Belarusian CBDC pegged to Russian ruble alongside stricter crypto regulations
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