Belarus allows investment funds to acquire crypto assets

time:2022-02-05 09:30 source:Internet

On February 5, the Belarusian Ministry of Finance announced amendments aimed at attracting investment funds and solicited public comments. The Ministry of Finance noted that although a regulatory framework has been developed for collective investments, to date, no fund has been registered in the country. The Ministry of Finance has drafted a resolution amending its decree on securities market activities related to investment funds. It plans to allow these funds to operate as both a securities dealer and a resident of the Belarusian Hi-Tech Park (HTP). The latter manages a special legal regime designed to boost the country’s digital economy, including the crypto industry.

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