Possible scenario
Approval Process Delayed
25% Chance
The National Bank slows the approval process to review AML controls, ownership structures and sanctions-screening systems. Belarus keeps the framework alive, but the first crypto banks remain unable to operate commercially for months.
Initial impacts
- Bitcoin Down
Portfolio impact
S&P 500-0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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