Belarus has taken a more assertive stance towards its cryptocurrency industry, with President Aleksandr Lukashenko mandating the creation of a comprehensive regulatory framework. This directive, issued on September 5, 2025, aims to establish clear rules for the digital asset sector following an unscheduled inspection revealing violations within platform operators. The president expressed dissatisfaction with the current state of affairs, highlighting irregularities in financial transactions and delayed returns of funds transferred by Belarusian investors. 2023 instructions to develop these regulations were issued, but final documents remain pending approval. 2017’s Ordinance No. 8 established the Hi-Tech Park as a primary regulator for the crypto industry, but it is now being revised with a focus on ensuring legitimacy while combating illegal activities. 2025’s shift towards stricter regulation reflects a broader trend of global regulators aiming to balance technological advancement and investor protection in the digital asset sphere. The outcome will impact Belarus’s Hi-Tech Park’s future as a leader in digital technology, potentially setting a precedent for other nations in the region.