Belarus President Orders Development of Cryptocurrency Mining... "We Have Plenty of Surplus Electricity"

Source
JH Kim

Summary

  • The President of Belarus announced that he has directed the development of the national cryptocurrency mining industry utilizing surplus electricity.
  • President Lukashenko emphasized the creation of additional revenue sources through cryptocurrency, according to reports.
  • The President emphasized the need to monitor global trends, mentioning the cryptocurrency strategy of the United States, a major economic power.

According to cryptocurrency media Cointelegraph on the 4th (local time), Belarus President Alexander Lukashenko has directed the Minister of Energy to develop the national cryptocurrency mining industry, emphasizing the creation of additional revenue sources using surplus energy.

He mentioned the United States, saying, "We need to see where the world is heading," and added, "Recently, the world's largest economy announced about cryptocurrency strategic reserves."

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JH Kim

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