Belarus Bank to Offer Bitcoin Purchases.

Xcel Trip
XcelPay Magazine
Published in
Nov 19, 2020

Belarusbank, one of the largest credit institutions in Belarus, has partnered with OTC broker White Bird to offer a bitcoin buying service, according to an announcement Monday.

For now, purchases will be available via bank cards issued in Belarus and Russia (the two countries’ financial systems are well connected). But going forward, the bank is planning to sell cryptocurrency in other neighboring countries, such as Ukraine, Georgia and Commonwealth of Independent States (CIS) nations.

According to Belarusbank spokesperson Alexei Kulik, users will be able to withdraw bitcoin (BTC, +2.13%) to their wallets “with no intermediaries whatsoever.” The service will function using White Bird’s online infrastructure.

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