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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. Go to Source Powered by WPeMatico
The post-Soviet country’s cheap electricity has been attracting Bitcoin miners, but will it manage to elbow out Russia and the United States? Go to Source Powered by WPeMatico
Kazakhstan says it will double its digital currency mining investment at the end of this year, and is eyeing a CBDC. Go to Source Powered by WPeMatico
Kazakhstan is aiming to attract nearly $740 million dollars in investment through various crypto industry-related activities over the next three years. Go to Source Powered by WPeMatico
Binance is extending Visa support for crypto purchases using the Colombian peso, South Korean won, Kenyan shilling, Kazakhstani tenge and Peruvian neuvo sol Go to Source Powered by WPeMatico
Despite what gold bug Peter Schiff says, economists are uncertain that gold will shine during the current coronavirus crisis. While gold and other precious metals have seen decent gains in the last few weeks, a few investors are terrified that central banks will use their flight-to-safety assets in order to save their economies. Data shows … Read more
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable electric prices ($0.006 per kilowatt-hour) in the oil-rich nation, … Read more
With cheap electricity and friendly regulation, is Central Asia the new promised land for crypto miners? Go to Source Powered by WPeMatico
Bitfury and the United Nations Development Programme are set to partner on a project to increase Kazakhstan’s forestland and offset carbon emissions Go to Source Powered by WPeMatico
Kazakhstan’s lawmakers won’t be taxing crypto mining until the mined crypto is exchanged for fiat money, a report says Go to Source Powered by WPeMatico
