Kazakhstan News News Kazakhstan » Cryptocurrencies: Kazakhstan's AIFC issues injunction against Coinbase
Scott Melker discusses why Kazakhstan's court has issued an injunction against Coinbase (COIN) and five other crypto service platforms. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m.
News Kazakhstan » Cryptocurrencies: Kazakhstan plans to add up to $1 billion to its crypto reserve
Kazakhstan’s national crypto reserve will hold up to $1 billion in assets, including confiscated coins and shares of companies involved in the digital currency space. The fund should be “up and ...
News Kazakhstan » Cryptocurrencies: Bitcoin mining emissions down 10% as Kazakhstan’s hash rate share decreases
The global network is at 52.2% zero-emission, with Kazakhstan accounting for only 6.4% of the global hash rate.
News Kazakhstan » Cryptocurrencies: How Kazakhstan’s New Digital Asset Law Could Pave the Way to a Regulated Crypto Economy
Kazakhstan, the world’s third largest Bitcoin mining hub, recently enacted its robust new Law on Digital Assets. In this explainer, we consider how the law, along with a slew of amendments to related ...
News Kazakhstan » Cryptocurrencies: Kazakhstan wealth fund, gold, FX reserves to be invested in crypto — Report
Kazakhstan’s central bank is drawing on lessons from Norway, the US and Middle East in developing its crypto strategy. Kazakhstan’s sovereign wealth fund has reportedly identified cryptocurrencies as ...
News Kazakhstan » Cryptocurrencies: Kazakhstan’s central bank plans to tokenize gold reserves
The National Bank of Kazakhstan (NBK) has given the greenlight to several pilot projects in the digital assets space, including the tokenization of gold under its control. The central bank also plans ...
News Kazakhstan » Cryptocurrencies: Kazakhstan crackdowns hit crypto miners
The recent shutdown of Kazakhstan’s internet during a deadly uprising has hit the country’s fast-growing cryptocurrency mining industry. As a result, the global computing power of the bitcoin network ...
News Kazakhstan » Cryptocurrencies: Kazakhstan Plans $1 Billion National Bitcoin and Crypto Reserve Fund
Kazakhstan plans to create a $500 million–$1 billion national crypto reserve fund, seeded with seized assets and mining proceeds. Kazakhstan is preparing to establish a national cryptocurrency reserve ...
News Kazakhstan » Cryptocurrencies: Kazakhstan wants crypto miners to use power generated by excess oil field gas
Kazakhstan is allowing crypto miners to use excess associated gas from oil fields to generate their own electricity, in a bid to reduce gas flaring and increase oil output while attracting miners ...
News Kazakhstan » Cryptocurrencies: Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill
Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers ...
News Kazakhstan » Cryptocurrencies: Kazakhstan Lawmaker Calls on Gov't to Create a 'National Crypto Bank'
A lawmaker in Kazakhstan has told the government it should create a "crypto bank" that could act as a legal exchange and custody platform. Per a report from the Russian-language, Kazakhstan-based news ...