The Astana Financial Services Authority, or AFSA, an independent financial regulator in Kazakhstan, has taken a step towards licensing major cryptocurrency exchange Binance to operate in the country. ...
Tag: Kazakhstan
Binance receives in-principle approval to operate in Kazakhstan
Crypto exchange giant Binance has received an in-principle approval from regulatory bodies in Kazakhstan to operate crypto services. According to a release on Monday, the Astana Financial Services Au...
Binance obtains AFSA’s in-principle approval to operate in Kazakhstan
Binance, the world’s largest cryptocurrency exchange, has received another regulatory OK from Astana Financial Services Authority (AFSA). For years, Kazakhstan has been a critical location for the cry...
Kazakhstan Financial Regulator Just Granted Approval To This Exchange
The Astana Financial Services Authority (AFSA) has given Binance, the world’s largest cryptocurrency exchange its In-principle approval to operate a digital asset trading facility and to provide custo...
Binance Gets In-Principal Approval to Operate in Kazakhstan
AFSA, an independent financial technology regulator, is the first in the central Asian country to give in-principle approval to any Binance entity. The AIFC allows start-ups to carry out regulated act...
Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms – Coinotizia
Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketee...
Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms – Mining Bitcoin News
Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketee...
With Russia Kicked Out Of U.S. Capital Markets, Kazakhstan’s New IPOs Might Be Perfect Timing
A fuel pump handle rests in the refilling nozzle of an automobile a gas station operated by … [+] KazMunayGas National Co. in Almaty, Kazakhstan. The company will list shares for foreign investo...
New High Tax Rate On Crypto Miners In Kazakhstan, Here’s Why
Kazakhstan has imposed new tax rules on crypto miners, this new taxation system shall be differentiating the tax rates on crypto mining. It also includes crypto miners that use renewable energy resour...
Kazakhstan Regulations Added Amendment on Crypto Mining
3 hours ago | 2 mins read Editors News Taxes will be calculated based on the average cost of the electricity used to make coins. PIT rate on dividends was raised from 5% to 10% under the new Tax Code....
Kazakhstan imposes new tax rules on crypto miners
The President of Kazakhstan signed a bill to apply a differentiated tax rate based on the energy consumption of crypto miners on July 11. The new bill altered the country’s law on Taxes and Other Mand...
President of Kazakhstan Enacts Law Amending Country’s Tax Code To Impose Higher Rates on Crypto Miners
The President of Kazakhstan, Kassym-Jomart Tokayev, has enacted a law amending the country’s Tax Code to impose a higher tax rate on cryptocurrency miners. The increased levy will be based on the amou...
Kazakhstan raises crypto miners’ taxes
– Advertisement – Cryptocurrency miners in Kazakhstan may face higher tax rates under a new bill signed by the country’s parliament Kazakhstan President Tokayev has signed a new piece of l...
Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners – Mining Bitcoin News
President of Kazakhstan Kassym-Jomart Tokayev has signed into law a bill amending the country’s Tax Code to impose higher tax rates on crypto miners. The levy will depend on the amount and average pri...
Elena Rybakina Becomes First Player From Kazakhstan To Win A Major Title At Wimbledon
Kazakhstan’s Elena Rybakina returns to Tunisia’s Ons Jabeur in the final of the women’s singles on … [+] day thirteen of the Wimbledon tennis championships in London, Saturday,...
Kazakhstan asks exchanges to work alongside banks
Kazakhstan has become one of the leading cryptocurrency hubs globally. After the Bitcoin ban last year, the country’s crypto-economy expanded after becoming an ideal location for miners leaving China....
Kazakhstan May Allow Crypto Exchanges To Open Bank Accounts
The Kazakhstani government has approved legislation that will regulate interactions between local crypto exchanges and financial institutions, even allowing registered exchanges to have bank accounts ...
Kazakhstan Enforces New Crypto Mining Taxes
Kazakhstan is all set to begin taxing crypto miners. New regulations were passed in the country’s capital of Nur-Sultan (previously known as Astana) that will require all digital currency miners to pa...
Kazakhstan Calls for Cooperation Between Crypto Exchanges and Banks
The government of Kazakhstan has approved guidelines for a pilot program that will foster cooperation between some banking institutions and cryptocurrency exchanges in the Astana International Financi...
Kazakhstan to Allow Licensed Crypto Exchanges to Open Bank Accounts
Kazakhstan’s Ministry of Digital Development, Innovations, and Aerospace, alongside other government working groups, has launched a pilot program that allows crypto exchanges registered under the Fina...
Is Kazakhstan Reopening Its Doors To Crypto An After Initial Ban?
In order to give a fresh push to cryptocurrency adoption, Kazakhstan’s government has announced the launch of a pilot project for the crypto exchanges. Meanwhile, this major update has come after Bina...
Kazakhstan Allows Registered Crypto Exchanges to Open Accounts at Local Banks – Exchanges Bitcoin News
Government officials in Kazakhstan have approved regulations that will govern interactions between authorized coin trading platforms and traditional financial institutions. The new rules will allow re...
Kazakhstan to let crypto exchanges open bank accounts
In addition to its swift advances toward regulating crypto mining, Kazakhstan will launch a pilot project for crypto exchanges in the special economic zone of the Astana International Finance Centre. ...
Kazakhstan Will Now Allow Crypto Exchanges To Have Their Bank Accounts
Kazakhstan is all set to launch a cryptocurrency pilot project in the economic zone of Astana International Finance Centre. This will provide exchange platforms to operate in a legal manner in the Ast...
Kazakhstan Is Not Late to Embrace Crypto: National Bank Chairman
The National Bank of Kazakhstan is warming up to cryptocurrencies, but not at the same pace as some governments that have legalized the trading of cryptocurrencies on their lands. At a recent press co...
Kazakhstan made $1.5M From Bitcoin Mining
According to a government study, crypto mining businesses paid the Kazakhstani government $1.5 million in fees. Crypto mining is proven to be a vital lifeline for Kazakhstan. Bitcoin mining income cam...
Kazakhstan Earnings Turns Out $1.5 Million as per Q1 Crypto Mining Report
3 hours ago | 2 mins read Editors News The country is a global leader in the hash rate of BTC mining. The government is contemplating raising municipal costs for cryptocurrency mining. The government ...
Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1 – Mining Bitcoin News
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint d...
Crypto Mining: Kazakhstan Collects $1.5M In Fees From Bitcoin Miners
Crypto mining is proving to be one of Kazakhstan’s important lifelines. According to a document released by the State Revenue Committee of Kazakhstan’s Ministry of Finance on Tuesday, Bitcoin mining r...
Kazakhstan Government Rakes in $1.5M in Crypto Mining Fees in Q1 2022
The government of Kazakhstan raised 652 million Kazakhstani tenges ($1.5M) in fees from crypto miners in the first quarter of 2022. Despite opposition to a new crypto mining tax regime introduced in A...
Kazakhstan Made $1.5M From Bitcoin Mining Fees in Q1 2022
The government of Kazakhstan reeled in 652 million Kazakhstani tenge ($1.5 million) in revenue from Bitcoin Miners in Q1 2022. This figure ran significantly below expectations, largely due to the gove...