The Belarusian president strongly supports Bitcoin mining, saying it helps reduce dependence on the dollar system.

Belarusian President Alexander Lukashenko stated at an energy strategy conference that digital assets can serve as a tool to enhance the country's economic autonomy, emphasizing that Bitcoin and cryptocurrency mining can help reduce dependence on the Belarusian dollar-dominated system. He pointed out that despite the volatility of digital assets, the benefits of adopting Bitcoin outweigh the risks in the current context of geopolitical pressures and foreign exchange restrictions. Previously, Belarus had passed Decree No. 8 establishing a regulatory framework for digital asset activities. Lukashenko further stated that the country's abundant electricity and industrial infrastructure provide an advantage for expanding mining operations, and surplus energy can be invested in cryptocurrency mining to increase returns and enhance economic resilience. (Finance Feeds)