The President of Belarus, Aleksandr Lukashenko, raised the possibility yesterday that the Eastern European country could begin mining cryptocurrencies.
“Look at this mining. More and more people are turning to me. If it is profitable for us, let’s do it. We have excess electricity. Let them make this cryptocurrency and so on,” Lukashenko told Alexei Kushnarenko, the nation’s new minister of energy, according to Belarusian media outlet Belta.
The news comes as the U.S. government is studying the possibility of creating a national strategic crypto reserve that could include cryptocurrencies such as bitcoin (BTC), ether (ETH), solana (SOL), ripple (XRP) and cardano (ADA).
Lukashenko mentioned the White House’s interest in crypto. “You see the path the world is going. And especially the largest economy in the world. They announced yesterday that they will keep [a crypto] reserve,” he said.
“Therefore, there will be demand for them. Well,…
