Belarus President Signs Decree Legalizing Cryptobanks to Enhance Financial Services
- Decree Signing: On January 16, 2026, Belarusian President Lukashenko signed Decree No. 19, permitting the establishment of cryptobanks aimed at enhancing cryptocurrency services through regulated frameworks, thereby integrating financial services with digital token transactions.
- Dual Regulation: The new decree mandates that cryptobanks register and hold resident status in the High-Tech Park while being subject to dual oversight from the National Bank of Belarus and the Supervisory Board of the park, which is expected to create hybrid financial products and enhance interaction between digital and fiat currencies.
- Industry Impact: The implementation of the decree is anticipated to provide new opportunities for businesses within the High-Tech Park by leveraging specialized regulatory frameworks to foster financial innovation, although no immediate financial allocations are specified, it broadens the scope for regulated Bitcoin and digital token usage.
- Market Outlook: Belarus has maintained a supportive stance towards cryptocurrency since 2017, with Lukashenko emphasizing the push for “innovative financial products,” which may attract increased foreign investment and position Belarus as a pioneer in regulated crypto-banking, aligning with global trends towards embracing digital assets in controlled environments.
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Technical Analysis for BANK
Technical Sentiment Analysis for Lorenzo Protocol (BANK) As of , Lorenzo Protocol (BANK) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BANK stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BANK is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Lorenzo Protocol (BANK) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00428 | 0.0163 | 0.0256 | 0.0376 | 0.0469 | 0.0589 | 0.0682 |
| Fibonacci | 0.0163 | 0.0245 | 0.0295 | 0.0376 | 0.0458 | 0.0508 | 0.0589 |
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