{"id":174915,"date":"2023-05-03T15:31:44","date_gmt":"2023-05-03T15:31:44","guid":{"rendered":"https:\/\/precoinnews.com\/?p=174915"},"modified":"2023-05-03T15:31:44","modified_gmt":"2023-05-03T15:31:44","slug":"a-foreigner-set-up-an-cryptocurrency-exchange-in-belarus-but-not-for-long","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/a-foreigner-set-up-an-cryptocurrency-exchange-in-belarus-but-not-for-long\/","title":{"rendered":"A Foreigner Set Up An Cryptocurrency Exchange In Belarus, But Not For Long"},"content":{"rendered":"
A foreigner who organized an illegal cryptocurrency exchange in Belarus will be fined, and the court will require that all funds received go to the state treasury.<\/strong><\/p>\n The Ministry of Internal Affairs of the Republic of Belarus reported that a 22-year-old citizen of another country opened a digital asset exchange in Minsk, and now the young man will have to pay a fine.<\/p>\n According to the report, the young man spent 270,000 Belarusian rubles (about $107,000) in assets through his crypto wallet between February and April 2023. The arrested man does not face any criminal punishment, but he will receive a fine.<\/p>\n A representative of the police stated:<\/p>\n “It was established that a 22-year-old foreigner, who lived in Minsk, offered services for buying and selling tokens on specialized websites and conducted transactions. A protocol of an administrative offense was drawn up against him for illegal entrepreneurial activity.”<\/p>\n