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What Lukashenko’s Complicated Re-Election Means for Crypto

Published 08/10/2020, 10:33 PM
Updated 08/12/2020, 01:00 AM
What Lukashenko’s Complicated Re-Election Means for Crypto

Protests have erupted in Belarus following the re-election of the country’s authoritarian president Alexander Lukashenko, who reportedly won against opposition candidate Svetlana Tikhanovskaya in a landslide victory with more than 80% of the vote on Aug. 9. But officials both inside and outside of Belarus are condemning the election results as falsified.

The notorious Belorussian president has filled his role since 1994, but he has most recently made a number of statements in favor of blockchain technology. Lukashenko legalized cryptocurrency and ICOs in Dec. 2017.

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