Belarus Prepares for FATF Evaluation with Cryptocurrency Wallet Registry

Belarus is taking concrete steps toward compliance ahead of a FATF evaluation. The country has launched and continues to update a registry tracking cryptocurrency wallets associated with criminal activity, according to ChainCatcher. This registry is geared towards meeting the requirements of the Financial Action Task Force (FATF), a similar organization to EAG that serves as a regional anti-money laundering authority. Additionally, Belarus has implemented regulations regarding the taxation of cryptocurrency transactions, further bolstering transparency within the digital asset sector.