Local traders are reporting fresh disruptions following recent disruptions. Virtual currency ban in Belarus The move dealt a blow to access to major trading platforms in the country.
Belarus cuts off access to major cryptocurrency exchanges
above December 10thauthorities of republic of belarus Added some websites cryptocurrency exchange Add to national restricted access list including Bybit, OKXand biget. The decision effectively cuts off local access to these platforms, raising concerns among retail traders and professional market participants.
According to Republican United Enterprise for Telecommunications Oversight (BelGIE)the platform was placed on the official suspension list based on an order from. Ministry of Information of Belarus. However, regulators did not release detailed reasons behind the move, leaving the market to speculate about the motivations and potential duration of the restrictions.
How this restriction affects users in Belarus
local outlet mirror Users across Belarus are reportedly encountering widespread access issues when trying to access affected exchanges. Additionally, traders have begun complaining in themed chats and community groups that they are no longer able to log in and conduct trades using standard internet connections provided by domestic ISPs.
When I try to access Bybita client of a national internet provider belt telecom A standard warning page is displayed. of bell telecom access message “Access to information resources is restricted based on a decision by the licensing authority of the Republic of Belarus.” This text confirms that the block is not a technical failure, but a deliberate administrative act.
However, it remains unclear whether the current measures represent a targeted enforcement episode or part of a broader measure. Internet censorship in Belarus trends affecting financial and trade services; Some users are reportedly testing workarounds such as VPNs, but these methods carry legal and security risks in highly regulated jurisdictions.
Regulator silence and previous complaints regarding Belarus’ virtual currency ban
So far, Belarusian authorities have not officially commented on the decision to restrict access to. Bybit, OKXand biget. The exchange’s strategy was also modest, with no immediate and detailed statement about the disruption to local account holders. However, market observers point out that such unilateral access blocks can undermine user trust in both domestic regulations and international platforms.
The action follows an earlier complaint made in November. belarusian and russian Account reported blocked Bybit EU and Revolute. Additionally, these previous incidents have already sparked discussions such as Cryptocurrency exchange blocked For users in certain jurisdictions, particularly those with enhanced sanctions and financial surveillance frameworks.
In that context, currently Neralus virtual currency ban Although no formal and comprehensive ban on all digital asset activities has been announced, this theory has gained traction among regional analysts. Instead, the focus appears to be on restricting access to certain foreign trading platforms that are widely used by domestic investors.
How Belarus’ crypto ban will affect Bybit, OKX and Bitget users
For now, affected Belarusian users have to contend with the following facts: Bybit access is restricted, OKX access blockedand Access to Bitget is restricted Issues can disrupt your trading strategy, withdrawals, and portfolio management. That said, on-chain activity and assets stored in self-custodial wallets are outside the direct scope of local internet access controls.
However, a combination of internet layer blocks, possible future fiscal restrictions, and opaque government decision-making Ministry of Information It has the potential to drive more users to decentralized platforms and cross-border solutions. As a result, this event could further fragment the regional cryptocurrency market and increase scrutiny of centralized exchanges operating in Eastern Europe.
In summary, Belarus is increasing pressure on centralized trading venues by adding Bybit, OKX and Bitget to the national suspension list on December 10th, and users and platforms are facing increased uncertainty due to the lack of official explanation.