Tag: Kazakhstan
Kazakhstan blocked 980 non-licensed crypto exchanges in 2023
This year, Kazakhstan’s Financial Monitoring Agency (AFM) blocked access to almost a thousand crypto exchanges that were serving the country’s citizen [...]
National Bank of Kazakhstan Starts CBDC Pilot, Makes First Digital Tenge Retail Payment
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Kazakhstan officially launches digital tenge
The chairman of Kazakhstan’s National Payment Corporation (NPC), Binur Zhalenov, has made the first transaction with the central bank digital currency [...]
Coinbase.com (COIN) Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
"The Information Committee of the Ministry of Culture and Information received a request from the Ministry of Digital Development, Innovation and Aero [...]
Kazakhstan establishes regulatory agency to implement CBDC
The National Bank of Kazakhstan (NBK) has established a separate entity to lead the development and implementation of the country’s central bank digit [...]
Binance launches regulated platform in Kazakhstan amid troubles in the West`
Global cryptocurrency exchange Binance announced the launch of a regulated digital asset platform in Kazakhstan amid growing regulatory troubles in th [...]
Police in Estonia and Kazakhstan Investigate Atomic Wallet Hack
Atomic Wallet users lost over $100 million worth of crypto in bitcoin (BTC), ether (ETH), tether (USDT), dogecoin (DOGE), litecoin (LTC), BNB and poly [...]
Bybit gets pre-approval in Kazakhstan as crypto custody service provider
Cryptocurrency exchange Bybit continues the expansion of its operations after receiving “in-principle” approval from regulators in Kazakhstan. On May [...]
Kazakhstan collected $7M in crypto mining taxes in 2022
The government of Kazakhstan has received 3.07 billion tenge (approximately $7 million) in tax payments from crypto mining entities in 2022, following [...]
Kazakhstan to mandate 75% revenue sale from crypto mining for tax purposes
Kazakhstan, one of the biggest Bitcoin (BTC) mining hubs in the world, announced plans to introduce new crypto regulations aimed at reducing tax fraud [...]
Kazakhstan Looks to Tighten Rules for Crypto Exchanges After FTX Collapse
The Astana Financial Services Authority is seeking market feedback on new rules targeting operational resilience and separation of customer assets.
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Here’s how Kazakhstan aims to enhance its legacy crypto trading framework
Kazakhstan, one of the biggest Bitcoin (BTC) mining destinations in the world, issued a consultation paper to gauge public interest in proposed amendm [...]
Kazakhstan Tightens Regulation for Miners, Looks to Develop Broader Crypto Industry
It didn’t take long before Kazakhstan’s electrical grid, much of it a legacy of Soviet times, started crumbling under the new load. On top of the mine [...]
Kazakhstan to Press on With CBDC Development till 2025
The bank said it has completed some phases of the trial, including refinement of the prototype and introduction for a limited number of participants. [...]
Kazakhstan central bank recommends a phased CBDC rollout between 2023-25
Kazakhstan, the world’s third-largest Bitcoin (BTC) mining hub after the United States and China, found feasibility in launching its in-house central [...]