🇧🇾
Local MarketBYNRegulated
Belarus: Eastern Europe's Crypto Haven
Decree No. 8 made Belarus one of the most crypto-friendly countries in Europe.
300K+Users
3.2%Adoption
$20M+P2P Vol.
70Rank
$ Converter
BTC =
🇧🇾Regulated
Belarus
Europe · BYN
RegulatedLegal Status
300K+Users
3.2%Adoption
currency.comTop Exchange
0%Max Tax
1Crypto Spots
Highlight
Belarus Decree No. 8 offers full tax exemption for cryptocurrencies until 2025, attracting investors and miners.
Regulation Timeline
2017
Decree No. 8 legalizes cryptocurrencies.
2018
High-Tech Park (HTP) launched for crypto.
Regulatory Framework
Legal since 2017 via Decree No. 8. Tax exemption until 2025. Mining and trading permitted.
Available Exchanges
c
currency.comExchange based in Belarus.
B
BinanceAvailable for Belarusian users.
How to Buy Crypto
1
Sign up on currency.com or Binance.
2
KYC.
3
Deposit BYN via card.
4
Buy crypto.
Crypto Taxes
Exempt until 2025
Flat rate0%
Deductible
Full exemption.
Deadline
N/A during exemption
Tax exemption for crypto until 2025 under HTP.
Tax Estimator
$
Enter your gain
Type
Exempt until 2025
Deadline
N/A during exemption
Crypto Spots
📍
Minsk Crypto HubHub
MinskCenter of the crypto ecosystem.
Crypto Communities
Belarus Crypto
Telegram+10K members.
Comparison: Europe
| Country | Users | Adoption | P2P Vol. | Status | Exchange |
|---|---|---|---|---|---|
| 🇧🇾 BelarusYou | 300K+ | 3.2% | $20M+ | Regulated | currency.com |
| 🇪🇸 Spain | 6M+ | ~12% | $3B+ anual | Regulated | Binance |
| 🇵🇹 Portugal | 1M+ | ~10% | $1B+ anual | Regulated | Binance |
| 🇩🇪 Germany | 12M+ | ~16% | $10B+ anual | Regulated | BISON |
| 🇬🇧 United Kingdom | 12M+ | ~18% | $12B+ anual | Regulated | Coinbase UK |
| 🇫🇷 France | 8M+ | ~12% | $6B+ anual | Regulated | Coinhouse |
| 🇮🇹 Italy | 7M+ | ~12% | $5B+ anual | Regulated | Young Platform |
| 🇳🇱 Netherlands | 4M+ | ~22% | $4B+ anual | Regulated | Bitvavo |
| 🇨🇭 Switzerland | 3M+ | ~35% | $5B+ anual | Regulated | Sygnum Bank |
Crypto Curiosities
✨Fact #1
Belarus was one of the first European countries to legalize cryptocurrencies with a complete regulatory framework.
Related Crypto News
Frequently Asked Questions
Is crypto legal in Belarus?
Yes, fully legal since 2017 under Decree No. 8.
How to buy crypto in Belarus?
You can buy cryptocurrencies on exchanges like currency.com using Belarusian Ruble (BYN). Complete the KYC process, deposit funds via bank transfer, and buy Bitcoin or your chosen cryptocurrency.
Are there crypto taxes in Belarus?
Yes, cryptocurrency gains are subject to taxes in Belarus. You must declare your crypto capital gains in your annual tax return. Consult a tax advisor for applicable rates.
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