Belarus President Pushes Crypto Adoption Amid Sanctions to Mitigate Economic Challenges

Belarusian President Alexander Lukashenko urged banks and financial regulators to embrace cryptocurrency in response to Western sanctions, aiming to mitigate the impact of economic challenges. The directive encourages businesses to utilize crypto for cross-border transactions, while highlighting Belarus’s evolving approach to digital currencies. During government meetings in September 2025, Lukashenko directed the National Bank to support crypto solutions for cross-border payments through decentralized digital assets like Bitcoin.