A joint resolution by the Council of Ministers and National Bank took effect on May 27, allowing cryptocurrencies including Bitcoin to serve as underlying assets for cash-settled non-deliverable OTC contracts.
Belarus has added cryptocurrencies including Bitcoin to the list of eligible underlying assets for non-deliverable over-the-counter financial instruments under a joint resolution by the Council of Ministers and the National Bank. The resolution took effect on May 27. These OTC contracts are cash-settled and do not involve delivery of the underlying asset, allowing exposure to price movements without transferring the cryptocurrency itself. The move expands the range of financial instruments linked to digital assets within Belarus’s regulated framework.