The National Bank of Kazakhstan (NBK) has launched a digital tenge pilot project, according to a report published jointly by the bank and Binance on Feb. 3. The report looked at global approaches to d...
Tag: Kazakhstans
Binance Collaborates with Kazakhstan’s largest Airline Air Astana
Binance and Air Astana have announced a partnership. The collaboration allows airline customers to convert their flight reward points into Binance USD (BUSD). This partnership will also help customers...
Binance Partners with Kazakhstan’s Biggest Airline – Air Astana
Binance, the largest crypto exchange in the world, announced a partnership with Air Astana – Kazakhstan’s largest airline. The partnership will allow the airline’s customers to convert their flight re...
A Boost For Kazakhstan’s Investment Climate
Members of a local electoral commission count ballots at a polling station after Kazakhstan’s … [+] presidential elections in Astana on November 20, 2022. – Kazakhs voted in presiden...
Kazakhstan’s central bank to begin CBDC rollout from 2023 to 2025
The Kazakhstan Central bank have succeeded in the second phase of testing its Central Bank Digital Currency (CBDC) compatibility and functionality with the country’s economy, and are set to begin roll...
Kazakhstan’s New Leadership Still Following Old Leadership’s Path
Former Kazakh president Nursultan Nazarbayev shakes hands with President Kassym-Jomart Tokayev … [+] during a congress of the ruling Nur Otan party in Nur-Sultan on April 23, 2019. (Photo by Sta...
Kazakhstan’s parliament moves forward on Bitcoin mining legislation
Kazakhstan is advancing new legislation to regulate local crypto miners. Kazakhstan’s Majalis, the federal parliamentary body, has approved the second reading of a bill “On the Digi...
Kazakhstan’s CBDC to integrate Binance’s BNB Chain
Binance CEO Changpeng Zhao has announced that the BNB Chain will be contributing to the digital currency (CBDC) being created by the National Bank of Kazakhstan. The Central Asian country has been wor...
Draft Law Seeks to Oblige Kazakhstan’s Crypto Miners to Exchange Bulk of Income in Country – Mining Bitcoin News
Cryptocurrency miners in Kazakhstan are to be required to convert up to three quarters of their income on locally registered exchanges, according to a new bill that’s advancing in the nation’s legisla...
Binance Achieves Permanent Licensing for Kazakhstan’s Digital Asset Services
Binance has added another region to the list of its regulated operations. Kazakhstan recently became the new member on the list after its AIFC Financial Services Authority granted a permanent license ...
Binance Joins Forces With Kazakhstan’s Regulators to Battle Local Financial Crime
The world’s largest cryptocurrency exchange – Binance – signed a Memorandum of Understanding (MoU) with the Financial Monitoring Agency of the Republic of Kazakhstan. Over the course of the agreement,...
Kazakhstan’s Crypto Miners to Acquire Electricity From Russia
Blockchain News Mining companies in Kazakhstan will allow using the Russian power supply for their activities. Due to electricity shortage, almost 200 firms were shut down in Kazakhstan last year. Rus...
Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners – Mining Bitcoin News
Russia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity d...
What Kazakhstan’s new tax regime means for the crypto mining industry
On July 11, the President of Kazakhstan, Kassym-Jomart Tokayev, signed new tax rates for crypto mining operators into law. While these amendments reflect the country’s growing frustration with the und...
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...
Kazakhstan’s New Law Imposes Higher Tax Rates on Crypto Miners
Miners in the country will now have to pay increased tax rates tied to the electricity prices consumed by these entities. Increased Tax Burden for Crypto Miners Consistent with the rapid advances towa...
Kazakhstan’s Central Bank Will Not Ignore the Cryptocurrency Market, Says Chairman
Galymzhan Pirmatov – Chairman of the National Bank of Kazakhstan – said the financial institution is intrigued by the cryptocurrency industry. As such, it has no plans to ignore it but rather study it...
Kazakhstan’s central bank ‘isn’t going to ignore’ the crypto market
While Kazakhstan’s government is catching up with the tremendous volume of crypto mining in the country by introducing new taxes and regulations, the local central bank intends to explore the possibil...
Behind the Scenes of Kazakhstan’s Political Crisis. Can Crypto Mining Survive There?
Kazakhstan has been in the crypto news a lot lately. On the surface, we know that it’s a Central-Asian nation with cheap electricity that became the world’s second-largest center for crypt...
Behind the Scenes of Kazakhstan’s Political Crisis – Can Crypto Mining Survive There?
HodlX Guest Post Submit Your Post Kazakhstan has been in the crypto news a lot lately. On the surface, we know that it’s a Central Asian nation with low-cost electricity that became the world’s sec...
Kazakhstan’s Miners are Living out of Suitcases. Where to Now?
Kazakhstan’s miners: The political crisis has threatened the safety and performance of mining companies. These companies provide 18% of the global bitcoin hash rate. So what does this mean for the ind...
Will Spain host Kazakhstan’s Bitcoin mining farm?- The Cryptonomist
Since protests broke out in Kazakhstan some local Bitcoin mining farms have had to close their doors. Now they might move to Spain. Bitcoin mining from China to Kazakhstan In fact, the Kazakh authori...
Is The Bitcoin Hash Recovering From Kazakhstan’s Crisis? Fear Abides
As the government of Kazakhstan claims the country’s power services are stabilizing, thus the Bitcoin hashrate could be on its way to recovery. However, is the situation stable enough for Bitcoin mini...
Internet Shut Down! Kazakhstan’s Political Crisis Surges Soon After Bitcoin Mining Goes Offline
A summary of the protests included the Central Asian company over the last week. The show – “The Breakdown” contained NLW episodes, and it fits out a basic primer on the surging political crisis in Ka...
Kazakhstan’s Internet Shutdown Drops Bitcoin Hashrate by 12%, will it impact BTC price?
Bitcoin could see some price volatility in the near term resulting from civil unrest going on in Kazakhstan. Following prolonged protests in the Central Asian country, the president declared a shutdow...
How Kazakhstan’s Energy Crisis Could Impact Bitcoin
Key Takeaways Electricity supply issues are making it harder for Bitcoin miners to operate in Kazakhstan. Recent civil unrest has also resulted in nationwide Internet blackouts, further damaging Bitco...