BTC $66,535.00 (-1.50%)
ETH $1,949.77 (-1.77%)
XRP $1.41 (-4.09%)
BNB $605.49 (-1.78%)
SOL $80.87 (-2.61%)
TRX $0.28 (+0.19%)
DOGE $0.10 (-2.79%)
BCH $546.05 (-2.55%)
ADA $0.27 (-3.72%)
LEO $8.66 (+2.30%)
HYPE $28.24 (-3.08%)
XMR $333.38 (-2.35%)
LINK $8.58 (-2.25%)
CC $0.16 (-4.51%)
XLM $0.16 (-4.08%)
RAIN $0.01 (-2.17%)
ZEC $259.20 (-9.02%)
HBAR $0.10 (-3.69%)
LTC $52.45 (-2.90%)
AVAX $8.80 (-2.80%)

Belarus vs Pakistan

Crypto regulation comparison

← Back to map | Belarus | Pakistan
Belarus

Belarus

Pakistan

Pakistan

Legal
Restricted

Belarus legalized cryptocurrency through Decree No. 8 (2017), creating a favorable environment in the Hi-Tech Park special economic zone. As of 2025, crypto transactions via HTP residents remain tax-exempt, while transactions on foreign platforms are taxed at 13%. A crypto bank framework was introduced in 2026.

Pakistan has a hostile regulatory environment for cryptocurrency. The State Bank of Pakistan has prohibited financial institutions from facilitating crypto transactions, and the government has considered outright bans. Despite this, Pakistan has high informal crypto adoption, ranking among the top countries for P2P crypto volume. The SECP has explored blockchain regulation but no licensing framework exists for exchanges.

Tax Type Varies
Tax Type None
Tax Rate 0% (HTP) / 13% (foreign platforms)
Tax Rate N/A
Exchanges Yes Yes
Exchanges No No
Mining Yes Yes
Mining Yes Yes
Regulator Hi-Tech Park (HTP), National Bank of the Republic of Belarus
Regulator SBP (State Bank of Pakistan), SECP
Stablecoin Rules No specific stablecoin regulation
Stablecoin Rules No regulation; SBP has not authorized any crypto activities
Key Points
  • Decree No. 8 'On the Development of the Digital Economy' legalized crypto in 2017
  • Income from crypto via HTP residents and mining remains tax-exempt; 13% tax on foreign platform transactions since 2025
  • Crypto exchanges and businesses must operate through Hi-Tech Park residency
  • Mining is legal and considered a business activity
  • HTP preferential regime extended until 2049; crypto bank framework introduced in 2026
Key Points
  • SBP prohibits banks and financial institutions from processing crypto transactions
  • No licensing framework for crypto exchanges; operating informally is risky
  • High P2P crypto adoption despite regulatory hostility
  • Government has considered formal banning legislation multiple times
  • SECP has explored digital asset regulation but no framework enacted
Sources
Sources