2022-9-29 13:04 |
A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities. origin »
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Kazakhstan’s financial watchdog is set to implement new restrictions that would require banks to automatically deny banking transfers to overseas crypto exchanges. The Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market, which oversees the country’s…
2024-10-16 17:09 | |
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Kazakhstan’s crypto mining industry was initially boosted by China’s tightening grip on digital asset regulation. The post Crypto miners in Kazakhstan flee over aging electricity infrastructure appeared first on CryptoSlate.
2021-12-28 17:00 | |
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In the crypto world, Kazakhstan made a name for itself as the safe haven offering refuge to crypto miners fleeing China's crackdowns. But the country is also active when comes to other parts of the fiThe post National Bank of Kazakhstan releases report on results of CBDC pilot project appeared first on AMBCrypto.
2021-12-15 18:00 | |
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As per Nikkei Asia, Kazakhstan’s president Kassym-Jomart Tokayev has suggested building a nuclear plant to sustain Bitcoin mining in a bid to support the profitable crypto mining activities in the nation “Looking into the future, we will have to make an unpopular decision about the construction of a nuclear power plant,” said Tokayev in a […] The post Kazakhstan could turn to nuclear power to keep its Bitcoin mining industry running appeared first on CryptoSlate.
2021-11-25 14:01 | |
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Китайский майнинг-оператор Canaan поставил в Казахстан еще 2000 ASIC-майнеров модели Avalon. Об этом компания сообщила у себя в твиттере. Avalon Miners are being deployed in Kazakhstan for our joint mining operations this week and mining is underway! An exciting #AvalonMade milestone that is shaping the future of the crypto industry! pic.
2021-11-23 09:26 | |
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In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge.
2021-11-20 21:30 | |
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Kazakhstan government plans to crack down on unregistered “grey” miners who are consuming twice as much power as “white” or registered miners. “I think we will have the directive (limiting power to unregistered miners) issued before the end of this year because this issue cannot be delayed any longer,” said Deputy Energy Minister Murat Zhurebekov.
2021-11-11 20:20 | |
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According to the country's vice minister of energy, addressing the potential strain on Kazakhstan’s power grid from crypto miners “cannot be delayed any longer."
2021-11-11 23:45 | |
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Kazakhstan is struggling to meet its growing energy needs, now that crypto mining is booming in the Central Asian country. The post Crypto Mining Pushing Kazakhstan Energy Grid to the Limit appeared first on BeInCrypto.
2021-11-10 20:12 | |
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The Kazakhstan national parliament has passed a law that subjects crypto service providers to the country’s financial monitoring system. The law aims to protect investors and also prevent crypto-related crimes from happening.
2021-11-9 19:00 | |
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The country’s legislature has passed a law that would impose financial monitoring on crypto platforms.
2021-11-8 12:36 | |
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Russia's Inter RAO might begin commercial electricity export to Kazakhstan in November, as per local reports. The development comes after reports of the country facing a serious energy shortage due toThe post Can Russia rescue Kazakhstan's dwindling crypto mining activity with its electricity appeared first on AMBCrypto.
2021-10-30 18:00 | |
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Many of the world’s largest exchanges are incorporated in Special Economic Zones (SEZs), such as Binance in the Labuan Special Economic Zone in Malaysia or Bitfinex’s in the Astana International Financial Center in Kazakhstan.
2021-10-27 18:00 | |
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It is no news that crypto mining is energy-intensive. Recently, New York State residents addressed a letter to the governor to reassess mining permits to crypto businesses. It includes names like GreeThe post As Bitcoin mining activity strengthens in the U.
2021-10-24 02:30 | |
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Kazakhstan, which accounts for the third-largest Bitcoin mining hash rate share after seeing a 6x spike in its share between Sept. 2019 and April 2021, is considering measures like surcharge and limiting energy use while Kyrgyzstan has already increased electricity tariffs for crypto miners.
2021-10-4 17:39 | |
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The mining firm's expansion into Kazakhstan follows plans to introduce new energy fees for crypto miners starting in 2022.
2021-7-29 22:15 | |
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The government of Kazakhstan would soon reportedly allow financial institutions to offer banking services to cryptocurrency exchanges in the country to facilitate crypto transactions. Local Banks to Service Crypto Exchanges The report by the Astana Times which mentioned the Data Center Industry and Blockchain Association of Kazakhstan as the source stated that crypto-based businesses wouldRead More
2021-7-28 23:00 | |
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While one part of the world was trying to tackle the concerns that comes with cryptocurrencies, other nations were trying to boost the financial capabilities of their citizens through crypto. Joining The post Kazakhstan embraces crypto and mining by doing this appeared first on AMBCrypto.
2021-7-27 14:00 | |
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Crypto mining hardware manufacturer Bitmain has partnered with Enegix to host Antminer S19 Pro devices in one of the world’s largest data centers. The facility located in Kazakhstan is designed to accommodate more than 50,000 mining rigs.
2021-7-25 23:00 | |
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An industry association representing the Russian crypto sector has launched a project to entice bitcoin miners. Despite its abundant sources of cheap energy, Russia is now lagging behind Kazakhstan, another Eurasian Economic Union member, in terms of cryptocurrency production.
2021-7-19 12:30 | |
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Here is a summary of the week’s top cryptocurrency news that you may have… The post Weekly Report: Monobank plans crypto entry as Kazakhstan enacts crypto tax rule appeared first on Coin Journal.
2021-7-9 15:09 | |
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Miners are speaking out against the new law on crypto mining in Kazakhstan, which accounts for 6. 17% of Bitcoin’s global hash rate, and are seeing interest following the regulatory crackdown in the neighboring country.
2021-7-8 19:08 | |
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A local news outlet is reporting that Kazakhstan’s President has signed a law that would force cryptocurrency miners to pay additional fees to operate in the country. The post Kazakhstan Announces New Electricity Surcharges For Crypto Miners appeared first on BeInCrypto.
2021-7-2 21:45 | |
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The new law introduces an additional tax levy for energy used by crypto miners starting from January 2022.
2021-7-2 13:57 | |
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Cryptocurrency miners in Kazakhstan will pay more than other consumers for the electricity they use to mint digital coins. The country’s president has signed a law that imposes an additional fee for the power utilized by the energy intensive industry.
2021-7-1 08:30 | |
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Canaan Inc. , the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs are already deployed in the world’s largest landlocked country.
2021-6-24 10:30 | |
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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.
2021-6-23 13:59 | |
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BIT Mining is making an investment of RMB60 million (US$9.33 million) in a crypto mining data center in Kazakhstan, which is expected to have a power capacity of 100MW. The post NYSE-Listing Chinese Company BTCM Goes Overseas; Builds A Crypto Mining Center in Kazakhstan first appeared on BitcoinExchangeGuide.
2021-5-24 20:44 | |
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Kazakhstani authorities plan to improve their regulatory approach in order to strengthen the country’s position in the global crypto market.
2021-5-11 13:01 | |
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Bitcoin miners in China have faced trouble paying for electricity as the government continues to crack down on the exchange of crypto and yuan, according to Colin Wu
2020-11-16 13:37 | |
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Kazakhstan is one of the world’s best destinations for crypto mining: electricity costs just $0. 04/kWh and there is no tax on mining revenue. It’s also relatively easy to start a mining business in Kazakhstan through specialized hosting companies even if you are located abroad.
2020-10-8 20:48 | |
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Kazakhstan cryptocurrency mining sector might be seeing a boost with the government looking to invest over $700 million in the sector. Kazakhstan’s Crypto Mining Industry Getting Government Support According to Reuters, the Digital Development Minister of Kazakstan, Bagdat Mussin, announced the government’s interest in investing $714 million in the crypto mining sector.
2020-9-3 23:00 | |
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A Kazakh minister claimed that there are already preliminary agreements on attracting more than $700 investment for cryptocurrency mining.
2020-9-2 14:38 | |
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Kazakhstan’s Ministry of the Economy wants to tax crypto mining in an effort to deal with the COVID-19 pandemic.
2020-8-7 23:10 | |
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Bitcoin miners in Kazakhstan will soon be paying taxes to the state as the government looks to raise funds for COVID-19 recovery plans. Outside China, Kazakhstan controls the third-largest share of the global Bitcoin (BTC) mining hash rate.
2020-8-5 21:39 | |
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Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says.
2020-7-22 21:36 | |
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Kazakhstan is planning to attract 300 billion tenge (about US$740 million) of investments from cryptocurrency mining in the next three years, said the Minister of Digital Development, Innovation, and Aerospace Industry Askar Zhumagaliyev.
2020-6-18 20:02 | |
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With an emerging crypto mining industry, the government considers making a pivot toward cryptocurrencies... The post Kazakhstan reveals draft legal framework for crypto-investment appeared first on Coin Journal.
2020-6-17 19:06 | |
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Kazakhstan is aiming to attract nearly $740 million dollars in investment through various crypto industry-related activities over the next three years.
2020-6-17 15:18 | |
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Kazakhstan’s lawmakers won’t be taxing crypto mining until the mined crypto is exchanged for fiat money, a report says
2019-12-5 19:15 | |
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Russian police have arrested the alleged creator of a Kazakh crypto pyramid scheme who confessed to illegally crossing the Russian border on horseback
2019-5-29 16:18 | |
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Bitfury Collaborates With AIFC For Blockchain Tech Implementation Across Multiple Industries AIFC and Bitfury will create new crypto/blockchain startups together. New data centers will be launched in Kazakhstan by Bitfury for greater exposure for the technology.
2019-5-22 00:01 | |
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When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition.
2019-3-1 17:19 | |
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In recent mining news, indie Steam game, Abstractism, has been accused of installing malicious software on its users’ devices to mine XMR; the vice president of the Blockchain and Crypto Technology Association of Kazakhstan has advocated that the country’s administration seeks to foster the local mining industry; and the commissioners of the Franklin Public Utility […] The post Mining Round-Up: Steam Game Allegedly Cryptojacks Users, Mining Could be “New Oil” for Kazakhstan appeared first on Bitcoin News.
2018-7-31 02:45 | |
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Kazakhstan’s international financial hub says the center is paying special attention to crypto and blockchain
2018-6-15 00:23 | |
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The U. S. Treasury’s Office of Foreign Assets Control has imposed sanctions on two individuals and a company in the United Arab Emirates for facilitating North Korea’s illicit use of digital assets.
However, the new law doesn't lift the existing ban on crypto payments inside the country.
Lithuania has imposed a €9.3 million ($10.07 million) fine against local cryptocurrency firm Payeer over sanctions violations, Reuters reported on Wednesday. Specifically, Lithuania’s financial crimes watchdog, the Financial Crimes Investigation Service (FNTT), penalized the regulated crypto company for facilitating the…
A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million.
The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.
Moscow wants to establish an autonomous BRICS payment system, leveraging digital currencies and blockchain in an effort to decrease its dependency on the U.S. dollar. In an interview with the Russian state-owned news agency TASS on Feb. 5, Kremlin aide…
The U.S. government tagged a number of bitcoin and ether addresses as being tied to the LockBit ransomware group, which was taken down on Monday.