TLDR

• Belarus lifted restrictions on crypto exchanges Bybit, Bitget, OKX, and BingX after resolving advertising violations.
• The Ministry of Information coordinated with local officials and telecom regulators to restore access to these platforms.
• Belarusian users faced difficulties managing assets due to sudden access loss but regained control after platforms updated advertising content.
• The country has a legal framework for cryptocurrency, with specific regulations for exchanges operating within its High-Tech Park.
• Belarus continues to regulate crypto activities tightly, with recent policies focusing on capital controls and financial sanctions.

Belarus restored access to several global cryptocurrency exchanges after brief website restrictions this week. Authorities cited advertising violations earlier, while regulators later confirmed access resumed following compliance checks.

Belarusians Regain Control Over Assets on Bybit and Bitget

Belarusian users regained access to Bybit and Bitget after regulators removed both platforms from blacklists. The Ministry of Information confirmed the decision followed coordination with telecommunications supervisors and city officials.

As it was reported in our recent article, Belarus residents had reported sudden access loss earlier, which blocked account management on foreign trading platforms. As a result, traders faced difficulty withdrawing or monitoring assets held on Bybit and Bitget accounts.

Local media reported that the exchanges became reachable again on December 12 during evening hours.  BelGIE removed the platforms from restricted databases after confirming the corrected website advertising materials.

OKX and BingX Return Following Advertising Review

BelGIE also restored access to OKX and BingX after completing internal advertising reviews. The telecom watchdog manages Belarus’s register of prohibited internet resources under national regulations.

Officials earlier restricted the exchanges after Minsk authorities raised concerns about online promotional content. The Information Ministry stated the restrictions followed requests from the Minsk City Executive Committee.

A ministry notice said access would return once website owners removed “inappropriate advertising” materials. Later updates confirmed OKX and BingX complied, allowing regulators to lift technical access blocks.

Regulatory Context and Recent Policy Background

Belarus maintains a defined legal framework for cryptocurrency operations under a presidential decree adopted in 2017. The decree legalized digital token trading through platforms registered within Minsk’s High-Tech Park regime.

Authorities restricted residents from using foreign exchanges during 2024, citing capital control enforcement priorities. Those limits applied to individuals and registered entrepreneurs using platforms outside domestic regulatory oversight. President Alexander Lukashenko urged officials in September to update crypto regulations for payment relevance.

Officials acknowledged growing digital asset usage under external financial restrictions affecting the national economy. Russia continues drafting crypto legislation, with officials signaling possible market legalization during 2026. Belarusian regulators have not announced further exchange restrictions following the latest access restoration.

The post Belarus Restores Access to Global Crypto Exchanges After Advertising Review appeared first on Blockonomi.