Belarus President Calls for Strengthened Cryptocurrency Regulation to Protect Investors and the Economy

Jinse Finance reported, citing local media, that Belarusian President Alexander Lukashenko has urged the government to implement stricter regulation of the crypto industry. According to the report, Lukashenko warned that lax regulation is harming investor security and the country's economic interests. A national audit found that about half of citizens' investments were transferred to foreign crypto platforms without any returns, which the president condemned at a high-level government meeting. The inspection conducted by the National Regulatory Committee also uncovered violations in the registration process of domestic financial platforms.