Post
Topic
Board Legal
Re: Belarus wants to ban bitcoin P2P transactions
by
DudeAtWork420
on 04/07/2023, 21:30:23 UTC
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. 

Although what the government has said is nothing different from the truth, meeting and exchanging is a bit risky as you do not know who is who and the next move or plans of your counter part so one needs to be very careful when dealing or engaging in such transactions. On the other hand the government is trying to protect each and everyone member of Belarusian involved in crypto for their own safety.

I feel since the citizens  of Belarus do not want to pay tax for crypto transaction hence their indulgence in p2p transactions and there is nothing the government can do about it as long as they can not trace money movement and knowing where it is coming with the reasons such money was paid for so i think it is a waste of time the government thinks of man hunting her citizens.