Belarus, Russia to Not Ban Bitcoin


Belarus is reportedly not inclined to change its permissive bitcoin trading rules despite its neighbor and ally Russia having been drawn to considering a complete ban of trading and mining.

Bloomberg reported on Tuesday that Belarus’ cryptocurrency regulator, Hi-Tech Park, does not have plans to tighten its liberal bitcoin-related legislation.

“Restrictive changes to the existing regulatory model are not currently foreseen,” the press service of Hi-Tech Park, the Belarusian crypto-currency regulator, told Bloomberg by email.

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