Belarusbank focuses on digitisation, considers launching a cryptocurrency exchange

The largest bank in Belarus is reportedly debating the launch of a cryptocurrency exchange. According to  telegraph agency BelTA, Belarusbank has decided to place digitization among its main areas of focus for 2019 in an effort to keep up with the dynamically evolving banking sector.

“At present things are changing very fast and we need to keep up with them,” said Viktor Ananich, Chairman of the Board at Belarusbank.

Apart from exploring the world of cryptocurrencies, Ananich shared that the bank has several other projects planned for the sector.

“Digitalisation-related projects will be virtually exclusive in nature,” he said, adding that Belarusbank is planning to expand their offer with virtual cards and mobile services in the near future.