Tip: Using cryptocurrencies in Belarus in response to financial sanctions is not a good option.

The use of cryptocurrencies by the Belarusian government to refer to financial sanctions that the European Union and Washington could impose on Minsk might not be a good option, according to an analysis by the Russian news agency RBC, citing the Cointelegraph. In this article, Valery Petrov, vice president of industrial development and management of the Russian Crypto Industry Association and the Blockchain Association, called the use of crypto a "real option. "to escape sanctions. However, he explained that he was able "to prove that he did not violate internal and external laws". Valery Petrov, citing Venezuela and Iran as examples, said the use of cryptocurrencies to counter economic turmoil or the adoption of sanctions proves that cryptocurrencies are simply a “break” solution.