Belarus just made a bold move in the crypto space. Back in January 2026, the government rolled out a decree creating a dedicated crypto bank framework—and it's actually interesting from a regulatory standpoint. Here's the gist: firms operating in the High-Tech Park can now offer token-related services while maintaining traditional banking operations. The setup involves dual supervision—park authorities handle one side while banking regulators manage the other. It's neither full decentralization nor total lockdown. Instead, Belarus is positioning itself as a jurisdiction where crypto innovation and institutional finance can coexist under a structured oversight model. Whether this becomes a template for other emerging markets remains to be seen, but it signals serious intent to participate in the Web3 economy rather than ban it outright.