Belarus has included cryptocurrencies in its list of eligible underlying assets for non-deliverable over-the-counter financial instruments.

PANews reported on May 27 that, according to Cryptopolitan, the Council of Ministers and the National Bank of Belarus passed a resolution to include cryptocurrencies (including Bitcoin) in the list of eligible underlying assets for non-deliverable over-the-counter (OTC) financial instruments. This resolution took effect on May 27. Non-deliverable OTC instruments are direct contracts between market participants that do not involve the actual delivery of the underlying asset; the price difference is settled in cash upon maturity. This move is expected to further integrate cryptocurrencies into Belarus's traditional financial system, creating new investment opportunities.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Aztec Labs acquires privacy identity tool ZKPassport, will continue to keep it open source.
PANews Newsflash