Kazakhstan News

The Republic of Kazakhstan is a central Asian country with a population of around 18 million people and an area of 2.7 million square kilometers, making it the ninth largest country in the world. Kazakhstan is a dominant economy of central Asia, with the largest GDP and strong rates of growth due to great reserves of oil, minerals and metals. Kazakhstan is also performing well in car manufacturing and agriculture. Kazakhstan is a blockchain-welcoming country. Kazakh authorities were one of the first to announce plans of blockchain adoption in such fields as taxation, customs and cargo tracking. However, the central bank of Kazakhstan is skeptical toward Bitcoin. Even though there are a lot of possible benefits for selling Kazakhstan’s electricity to Bitcoin miners, the central bank of Kazakhstan sees Bitcoin as a money-laundering tool and a way of avoiding tax, so it is currently intending to prohibit the purchase, sell and mining of crypto.
Analysis
Countries vie for cryptocurrency miner business as Chinese miners move to greener pastures. Here's where they are ending up.
Finding a new home: Bitcoin miners settling down after China exodus
Elena Perez
2021-09-12T08:21:00+01:00
21891
News
Bitfinex’s new security token platform will provide exposure to blockchain-based equities, bonds and investment funds.
Bitfinex launches security token platform regulated in Kazakhstan
Helen Partz
2021-09-07T10:41:26+01:00
3513
News
The mining firm's expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022.
BIT Mining steps up Bitcoin mining operations in Kazakhstan
Turner Wright
2021-07-28T20:15:00+01:00
2821
News
A new project in Kazakhstan aims to enable local crypto businesses to provide crypto investment services legally.
Kazakhstan to reportedly allow banks to process crypto purchases
Helen Partz
2021-07-27T09:29:57+01:00
6710
News
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining.
Bit Mining raises $50M to take operations out of China
Brian Quarmby
2021-07-14T02:09:54+01:00
3265
News
The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022.
Kazakhstan to introduce new energy fees for crypto miners in 2022
Helen Partz
2021-07-01T11:57:43+01:00
4366
News
Canaan has started mining Bitcoin with its latest Avalon Miner units in Kazakhstan after setting up a service center in the country earlier this month.
Chinese crypto mining firm Canaan sets up shop in Kazakhstan amid crackdown
Helen Partz
2021-06-23T11:59:18+01:00
5814
News
According to Edward Evenson, who works for Bitcoin miners Slush Pool, Chinese BTC mining machines are on the move.
Chinese BTC miners equivalent to Quebec’s output on the move: Slush Pool
Brian Quarmby
2021-05-28T07:02:40+01:00
18268

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