Belarus weighs the encryption mining, where Lukashenko cited attention to digital reserves

The President of Bearus, Aleksandr Lukashenko, suggested that the Eastern European country could start mining digital assets.

“Look at this mining. More and more people approach me. If it is profitable for us, let us do so. We have excess electricity. Lukashenko told Alex Kushnarinco, the newly appointed Energy Minister in Belarus, as mentioned by the local media Pelta.

Bearus is considered encryption mining amid growing global interest in digital reserves

this The head of the Belarus proposal At a time when the United States government is studying the possibility of creating a national reserve for strategic encryption that can include assets such as Bitcoin (BTC), Eter (ETH), Solana (Sol), Ripple (XRP) and Cardano (ADA).

Lukashenko admitted the increasing interest of the White House of digital assets, saying: “You see the direction that the world takes, especially the largest economy. They announced yesterday that they will maintain the encryption reserves.”

“Therefore, there will be a request for them. Well, perhaps we should do it ourselves.” Lukashenko said.

Belarus will not be the first nation to grant digital assets. The Kingdom of Bhutan, with the abundance of hydroelectric energy, already has more than 100 MW (MW) infrastructure to extract bitcoin operating, and is scheduled to get 500 MW of power online. The country is currently He carries 950 million dollars in Bitcoin, according to Archham Intelligence. On the other hand, El Salvador uses the thermal energy to extract bitcoin, despite smaller amounts.

Trump pushes the encryption strategy forward with the first summit at all

Even with the promises and enthusiasm of the Trump administration, the industry has been disappointed by Mimi’s currency scandals and the lack of tangible government measures – on the other side of rejecting some SEC cases and release a somewhat mysterious executive on January 23.

This is disappointment, however, I just got a temporary elevator. Two days ago, the White House announced that it would hold its first encryption summit ever on Friday, headed by the White House AI & Crypto Czar David Sacks and supervision by Bo Hines, CEO of the work group of digital assets.

Eleanor Territ, Fox Correspondent Business, said that the round table, scheduled from 6:30 pm until 10:30 pm UTC, is expected to include more than 25 participants, including members of the presidential work group on digital assets. As of Wednesday morning, Territ said that 11 of the CEOs for encryption and representatives of the White House confirmed their presence.

However, Cardano’s co -founder of Cardano is not invited to the summit on Friday, according to the White House source familiar with the list of guests. In fact, Hoskinson or any Cardano representatives have not been invited to meet the president since the opening. Many in society also occupied X from Hoskinson’s X posts in February to mean that he will attend a dinner dinner for Pro-Crypto Pac Maga Inc. Last Saturday.

While US President Donald Trump is preparing to host the first White House encryption summit on March 7, excitement is built within the encryption community. This progress is towards the goals of the executive order of strengthening the American leadership in digital assets and financial technology while protecting economic freedom.

However, for the president who is closely linked to the stock market, it is likely that the announcement of the summit alone is short.

This may explain the reason for Trump a step forward, as he unveiled the first five symbols that are included in the Bitcoin, Eter, Cardano, Ripple and Solana.

Trump’s publications provide a few additional details about the planned “reserves”, as he referred to in his participation on Sunday. However, it appears that the choice of the word “reserve” indicates a shift from the administration’s position on the executive order for the month of January.

The term “reserve” indicates that the government will purchase more assets. In contrast, the intention mentioned in the January executive order “to assess potential creativity and maintain the stock of national digital assets” will be more about sticking b 19.1 billion dollars In encryption, 97.9 % of them in Bitcoin, which already have bouts through dozens of symbols.

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