Belarus Enters The Crypto Banking Era
Belarus has officially registered its first crypto banks under a new regulatory framework.
The institutions can begin operations after receiving accreditation from the National Bank of Belarus. They must also be included in the regulator’s official crypto bank registry.
The banks will operate under supervision from both the National Bank and High-Tech Park.
Belarus created the legal framework for crypto banks through a presidential decree in January.
Vitalik Reveals Ethereum’s Big 2030 Redesign
Vitalik Buterin (@VitalikButerin) has outlined how Ethereum could look very different by 2030, in a new essay.
He described the network as a hybrid architecture combining blockchains with modern cryptography.
Crucial points include:
- Future upgrades could introduce recursive STARKs, automated verification and quantum safe cryptography.
- Buterin also expects Ethereum to process more work through decentralized and parallel systems.
- Buterin expects Hegota, planned for next year, to be Ethereum’s last normal fork.
- He also projected 4 to 8 second slots and 8 to 32 second finality by 2030.
- Nodes could eventually verify cryptographic proofs instead of downloading and executing every block.
- Buterin also expects aggregated signatures and multi participant block construction to reshape validation.
- FOCIL could also give multiple validators a larger role in forcing transactions into blocks.
- He said applications built around Ethereum could achieve much lower latency than Ethereum itself.
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