Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Belarus's supportive crypto regulations pave the way for Wildberries to trial digital payments

Belarus's supportive crypto regulations pave the way for Wildberries to trial digital payments

Bitget-RWA2025/09/25 16:30
By:Coin World

- Wildberries partners with Belarus's Whitebird to pilot crypto payments, converting BTC/ETH/TON to ruble-based gift certificates for e-commerce purchases. - The hybrid model complies with Belarus's crypto-friendly regulations, leveraging HTP's legal framework to foster fintech innovation while mitigating merchant risk. - Limited to Belarus due to Russian crypto restrictions, the pilot highlights regional regulatory contrasts and supports projected $3B crypto transaction growth by 2025. - By using stableco

Belarus's supportive crypto regulations pave the way for Wildberries to trial digital payments image 0

Wildberries, the leading e-commerce company in Russia, has started a trial program enabling users in Belarus to pay with cryptocurrency, thanks to a collaboration with Whitebird, a regulated fintech provider under the Belarus Hi-Tech Park (HTP) framework. This project lets customers exchange

, , and TON for electronic gift cards denominated in Belarusian rubles, which can then be redeemed for purchases on Wildberries Russia’s Wildberries Lets Shoppers Pay with Bitcoin in Belarus [ 1 ]. Rather than handling crypto directly, the system uses ruble-based certificates as an intermediary, ensuring compliance with local financial laws Wildberries Belarus Launches Crypto Payments Pilot [ 2 ]. At present, the service is limited to selected users and operates through Whitebird’s platform, providing real-time exchange rates and no transaction fees Russia’s largest online retailer Wildberries launches crypto … [ 3 ].

This pilot is part of Belarus’s broader strategy to encourage a crypto-supportive climate. Since 2018, digital asset businesses have been permitted within the HTP, which offers tax breaks and a unique legal environment for IT and blockchain companies Wildberries, one of Eastern Europe's largest online marketplaces, … [ 4 ]. Whitebird, an HTP member, manages anti-money laundering checks, auditing, and user verification The Chainalysis 2025 Global Adoption Index [ 5 ]. The funds loaded onto the gift cards are non-withdrawable, ensuring they are only spent on Wildberries Real-Time Crypto News Feed | 24/7 Flash News | Phemex [ 6 ]. This setup reduces risk for Wildberries while supporting Belarus’s ambitions to advance its fintech sector Blockchain Statistics (2025) — Adoption Rates & More [ 7 ].

The program comes as forecasts predict that crypto transactions in Belarus could hit $3 billion by 2025, fueled by increasing user interest and clear regulations Wildberries Belarus Launches Crypto Payments Pilot [ 8 ]. Wildberries’ move into digital asset payments is its first, highlighting the difference between Belarus’s open approach and Russia’s more restrictive stance, where consumer crypto payments are mostly banned DeFiying gravity? An empirical analysis of cross-border … [ 9 ]. By operating within Belarus’s regulated system, Wildberries is testing demand for crypto shopping and contributing to financial innovation in the area Russia’s largest online retailer Wildberries launches crypto … [ 10 ].

The pilot also draws attention to the significance of stablecoins in international payments.

(USDT) is one of the supported digital currencies, reflecting its popularity in remittances and institutional transactions The Chainalysis 2025 Global Adoption Index [ 11 ]. However, this service is only available in Belarus, as Russian law currently prohibits similar offerings Wildberries Belarus Launches Crypto Payments Pilot [ 12 ]. This restriction highlights how local regulations shape crypto adoption, with Belarus positioning itself as a center for innovation in Eastern Europe Russia’s largest online retailer Wildberries launches crypto … [ 13 ].

Experts suggest that this initiative could influence broader fintech developments in the region. By introducing crypto payments through a regulated and user-friendly model, Wildberries and Whitebird may inspire other companies to consider digital asset solutions Wildberries, one of Eastern Europe's largest online marketplaces, … [ 14 ]. The results of this pilot could also shape future regulations in Belarus, where President Aleksandr Lukashenko has called for oversight to ensure growth is balanced with financial security Belarusian President Backs Crypto and Cash Adoption to [ 15 ].

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin News Today: Is Bitcoin Facing a Liquidity Gap? Could a Crash Like 2022 Be on the Horizon?

- Glassnode analysts warn Bitcoin's STH P/L ratio at 0.07x (lowest since 2022) signals liquidity vacuum risks, potentially forcing price below $81,000 "True Market Mean." - Historical patterns show LTH sell-offs (1.57M BTC in Q3) and compressed profit margins (7D-SMA at 408x) often precede major market tops, raising bearish concerns. - Institutional defensiveness and weak futures demand highlight fragile market structure, with $80,000-$85,000 consolidation critical for confirming bullish reversals. - While

Bitget-RWA2025/11/28 03:38
Bitcoin News Today: Is Bitcoin Facing a Liquidity Gap? Could a Crash Like 2022 Be on the Horizon?

Dogecoin News Today: Grayscale's DOGE ETF Seeks to Elevate Meme Coin to Blue-Chip Status

- Bitcoin stabilized on Thanksgiving while Ethereum , Dogecoin , and XRP declined, with analysts emphasizing BTC's critical support levels. - Grayscale's GDOG ETF and BitMine Immersion's $83M ETH purchase highlight crypto's financialization, with the latter holding 2.9% of circulating ETH. - Grayscale's DOGE ETF debuted with modest $1.8M inflows, reflecting DOGE's weaker institutional appeal compared to Bitcoin despite its 37% 30-day gain. - Tom Lee forecasts ETH to $7,500 by year-end, citing stablecoins a

Bitget-RWA2025/11/28 03:38
Dogecoin News Today: Grayscale's DOGE ETF Seeks to Elevate Meme Coin to Blue-Chip Status

Infrastructure-Focused Economic Growth in Webster, NY

- Webster , NY leverages $9.8M FAST NY grant to upgrade infrastructure, targeting industrial growth via Xerox campus redevelopment and blight removal. - Xerox's 300-acre brownfield site transforms into a $650M industrial hub by 2025, creating 250 jobs at fairlife® dairy facility with enhanced utilities. - Blight removal at 600 Ridge Road and $1.8M road realignment projects unlock 300 acres for development, improving logistics and downtown connectivity. - WEDA and municipal coordination streamline land sale

Bitget-RWA2025/11/28 03:30
Infrastructure-Focused Economic Growth in Webster, NY

BNB News Today: BNB Jumps 4%—Is This a Bullish Breakout or the Start of a Bearish Trend?

- BNB surged 4% on Nov 24, 2025, driven by a break above its 50-day SMA, signaling renewed buying pressure and bullish momentum. - Key technical levels at $860 (support) and $920 (20-day EMA) highlight potential for reversal or pullback, with volume/on-chain data critical for confirmation. - Market optimism stems from BNB Chain upgrades, DeFi growth, and macro factors like BNP Paribas' $1.15B buyback, indirectly boosting investor sentiment. - Future gains depend on ecosystem scalability, cross-chain adopti

Bitget-RWA2025/11/28 03:14
BNB News Today: BNB Jumps 4%—Is This a Bullish Breakout or the Start of a Bearish Trend?