According to where I read it, Ministry of Foreign Affairs of the Republic of Belarus said thee is high crypto crime rate in P2P crypto transactions while exchange bitcoin with each other.
https://cointelegraph.com/news/belarus-wants-to-ban-p2p-cryptocurrency-transactionsThe authority cited a high cybercrime rate in Belarus, stating that local prosecutors have suppressed the activity of 27 citizens providing “illegal crypto exchange services” since January 2023. Their total illegal revenues amounted to nearly 22 million Belarusian rubles ($8.7 million).
So if Belarusian wants to sell bitcoin which is an asset to themselves, they have to go through a centralized exchange approved by Belarus Hi-Tech Park (HTP).
Is this not too hash?
There is nothing that can stop P2P trading. It can only be reduced.
We cannot deny that trading P2P certainly pose a risk for both party since meeting face to face may trigger a crime if the other party intend to swindle the other party. In a huge transaction, this might result in a bloodbath. This is also one reason why I prefer selling my BTC in an online exchange to avoid this kind of incident.
In terms of the government suggesting the use of centralized exchange and the plan to ban P2p may also have something to do with the taxation. But whatever the motive behind the government of Belarus wanting to ban P2P can only be seen after the government had successfully passed a law of banning P2P transactions.