🚨 China banned #Bitcoin and #Kazakhstan became a hub opening its doors to #mining companies. 🇰🇿⬇️
In Q1, 2022 the government collected $1.5 million from crypto miners -> a fee on electricity costs 👀
https://news.bitcoin.com/kazakhstan-makes-1-5-million-from-crypto-mining-sector-in-q1/
In Q1, 2022 the government collected $1.5 million from crypto miners -> a fee on electricity costs 👀
https://news.bitcoin.com/kazakhstan-makes-1-5-million-from-crypto-mining-sector-in-q1/
Bitcoin News
Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1 – Mining Bitcoin News
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows.
🚨 #Kazakhstan will launch a pilot program that will allow #crypto exchanges to open bank accounts. 🇰🇿⬇️
https://cointelegraph.com/news/kazakhstan-to-let-crypto-exchanges-open-bank-accounts
https://cointelegraph.com/news/kazakhstan-to-let-crypto-exchanges-open-bank-accounts
Cointelegraph
Kazakhstan to let crypto exchanges open bank accounts
The pilot project will be functioning until the end of 2022 and make a blueprint for the following development of Kazakhstan as a regional crypto hub.
🚨#Binance may now operate in #Kazakhstan ⬇️🚀
https://www.binance.com/en/blog/ecosystem/binance-secures-preliminary-regulatory-approval-to-operate-in-kazakhstan-8070712715201585813
https://www.binance.com/en/blog/ecosystem/binance-secures-preliminary-regulatory-approval-to-operate-in-kazakhstan-8070712715201585813
Binance Blog
Binance secures preliminary regulatory approval to operate in Kazakhstan | Binance Blog
Binance obtains regulatory approval from AFSA to operate in Kazakhstan.
🚨#Binance again, gets the okay in #Kazakhstan to fully operate and offer #crypto-related services ⏳🇰🇿
https://www.coindesk.com/policy/2022/10/06/crypto-exchange-binance-receives-license-to-operate-in-kazakhstan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
https://www.coindesk.com/policy/2022/10/06/crypto-exchange-binance-receives-license-to-operate-in-kazakhstan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
CoinDesk
Crypto Exchange Binance Receives License to Operate in Kazakhstan
The exchange had earlier got a preliminary approval to operate in the country.
🚨#Kazakhstan will create a regulatory framework around digital assets 🇰🇿⬇️
https://bitcoinmagazine.com/business/kazakhstan-to-establish-legal-framework-for-bitcoin-crypto
https://bitcoinmagazine.com/business/kazakhstan-to-establish-legal-framework-for-bitcoin-crypto
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
Kazakhstan To Establish Legal Framework For Bitcoin, Crypto: Report
The legislation seeks to establish clearer guidelines for mining, taxes and licensing for service providers such as exchanges in the region.
🚨#Kazakhstan is the 3rd largest mining destination after the #US & #China 👀⛏️⬇️
https://cointelegraph.com/news/kazakhstan-among-top-3-bitcoin-mining-destinations-after-us-and-china
https://cointelegraph.com/news/kazakhstan-among-top-3-bitcoin-mining-destinations-after-us-and-china
Cointelegraph
Kazakhstan among top 3 Bitcoin mining destinations after US and China
The International Energy Agency (IEA), co-funded by the European Union, highlighted Kazakhstan’s heavy reliance on non-renewable energy.
🚨 #Kazakhstan will build a central bank digital currency on #BNBchain 👀⬇️
https://cointelegraph.com/news/kazakhstan-to-build-central-bank-digital-currency-on-bnb-chain
https://cointelegraph.com/news/kazakhstan-to-build-central-bank-digital-currency-on-bnb-chain
Cointelegraph
Kazakhstan to build central bank digital currency on BNB Chain
Binance founder Changpeng Zhao tweeted that he looks forward to ways the nation bank will further develop use cases to connect traditional banking and the crypto space.