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Nalezeno "Kazakhstan": 214

Binance and Kazakhstan to Share Information About Crypto-Related Crime


Cryptocurrency exchange Binance has agreed to support Kazakhstan in ensuring the safe development of the country’s crypto market. The trading platform and Kazakhstan’s financial regulators intend to inform each other about cases involving the use of digital assets for illicit...

Russia Supplying Kazakhstan with Electricity for Cryptocurrency Miners


Russia is looking to bolster Kazakhstan's energy demands in an amendment of the partnership between the two nations, as a means to provide electricity to miners within the former Soviet republic member state. The move comes amidst growing demand for electricity by crypto miners in Kazakhstan,...

Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies


New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted. The draft has been designed to comprehensively regulate the industry and reduce what its sponsors label as uncontrolled consumption of electricity in the sector....

Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners


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 directly from the Russian power generation and distribution giant Inter RAO. Miners...

Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange


A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of cryptocurrency. Meanwhile, Kazakhstan’s leadership has declared readiness to further develop crypto exchange...

Binance Founder CZ Announces Romanian Office as Part of Regional Expansion


Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with high-ranking officials and emphasized Binance’s intentions to expand direct operations in Eastern Europe....

Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms


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 racketeers allegedly made up to half a million U.S. dollars a month from their business. Kazakhstan Busts...

Kazakhstan to Increase Bitcoin Mining Tax Rates from 2023


Kazakhstan’s President Kassym-Jomart Tokayev has approved new tax rates for crypto miners – and tax bodies have been instructed to charge miners at a rate of up to USD 0.052 per kilowatt hour (kWh) as of January 1, 2023. Currently, miners have to pay a flat rate of just over USD 0.002 per...

Kazakhstan President Signs Law Increasing Tax Burden for Crypto Miners


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 price of electricity utilized in the extraction of digital currencies like bitcoin....

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