Belarusbank enters into strategic partnership with BYNEX crypto platform operator

<p> MINSK, Feb 10 - PrimePress. Belarusbank has become a strategic partner of ERPBEL (Minsk), the operator of the BYNEX crypto platform. This enables to operate with fiat currency (Belarusian rubles and U.S. dollars), using VISA cards at a minimum fee, the bank says. </p> <p>   </p> <p> BYNEX is a new cryptocurrency exchange launched in January 2021, which deals with Bitcoin and Ethereum cryptocurrencies. </p> <p>   </p> <p> BYNEX stands out for operating with the Belarusian national currency, which enables residents of Belarus to legally invest in cryptocurrencies without conversion. The platform monitors compliance with personal data protection standards, national and international legislation and the legal treatment in the High-Tech Park,” reads the report. </p> <p>   </p> <p> Belarusbank-ERPBEL strategic partnership is part of Belarusbank’s digital transformation program. In the autumn of 2018, Belarusbank became a partner of WhiteBird, which provides cryptocurrency exchange services under presidential decree No.8 on development of the digital economy. </p> <p>   </p> <p> Resident of the High-Tech Park, ERPBEL LLC has been rendering a whole range of software development services since 2007. The company is licensed for technical protection of information, including by cryptographic methods. It operates the BYNEX crypto platform of Belarus. </p> <p>   </p> <p> Belarusbank, Belarus’ largest bank, was founded in July 1991, and was transformed in October 1995 through a merger with Sberbank of Belarus. The state holds the 99.95% share in the authorized capital of the bank. End </p> <p>   </p>

2021-02-11

Primepress