Tag: Kazakhstans

Kazakhstan’s authorities confirm they blocked access to Coinbase: Report

Kazakhstan’s authorities confirm they blocked access to Coinbase: Report

The Ministry of Culture and Information of Kazakhstan has officially confirmed they have blocked the Coinbase website in the country. The authorities [...]
Kazakhstan’s President Signs Legislation to Limit Energy Usage of Crypto Mining

Kazakhstan’s President Signs Legislation to Limit Energy Usage of Crypto Mining

The new law allows miners to consume electricity from the national grid only when there is a surplus, effectively capping the industry's energy usage. [...]
Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report

Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report

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 F [...]
What Kazakhstan’s new tax regime means for the crypto mining industry

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 refl [...]
Kazakhstan’s central bank ‘isn’t going to ignore’ the crypto market

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 [...]
Kazakhstan’s Hashrate Drops as Internet Blackout Persists

Kazakhstan’s Hashrate Drops as Internet Blackout Persists

“It looks like the internet connection is down in all of Kazakhstan,” Alan Dordjiev, head of the Kazakh National Association of Blockchain and Data Ce [...]
Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse

Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse

Deputy for the Spanish Ciudadanos political party María Muñoz has proposed a bill to make Spain a Bitcoin mining hotspot following the internet shu [...]
Kazakhstan’s government resigns as fuel protests rage

Kazakhstan’s government resigns as fuel protests rage

Police used tear gas and stun grenades late on Tuesday to drive hundreds of protesters out of the main square in Almaty, the former Soviet republi [...]
Kazakhstan’s central bank reports results on CBDC pilot project

Kazakhstan’s central bank reports results on CBDC pilot project

Kazakhstan, the country behind one of the largest sources of Bitcoin mining hash power, has released the results of a pilot program for its digital [...]
Kazakhstan’s Crypto Miners Face New Regulations After Contributing to Power Shortages

Kazakhstan’s Crypto Miners Face New Regulations After Contributing to Power Shortages

In a Nov. 4 interview with local news outlet Tengrin News, Minister of Energy Magzum Myrzagaliev said that Kazakhstan’s electricity demand had been [...]
Kazakhstan’s authorities to create roadmap for growing crypto market

Kazakhstan’s authorities to create roadmap for growing crypto market

Kazakhstan’s authorities forming a roadmap to stimulate the event of the cryptocurrency business and blockchain know-how within the nation.State au [...]
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