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Belarusbank might set up cryptocurrency exchange

Belarusbank is considering a possibility to set up a cryptocurrency exchange, Chairman of the Board of the bank Viktor Ananich told the Belarus 1 TV channel, BelTA has learned.

He noted that digitalization will be one of the areas of focus for the bank this year. “We are considering a possibility to establish a cryptocurrency exchange. We are working on it,” Viktor Ananich said.

Apart from that, Belarusbank is working with mobile services providers on expanding the range of services. For example, there are plans to issue a virtual card in the near future. “Digitalization-related projects will be virtually exclusive in nature,” he noted. In his words digitalization is not something new for the banking sector; this segment has always been very dynamic. “However, at present things are changing very fast and we need to keep up with them,” Viktor Ananich said.

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