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Kazakhstan plans to reduce tax fraud and unlawful business operations

Kazakhstan plans to reduce tax fraud and unlawful business operations

The obligation will gather "information on the revenue of digital miners and digital mining pools for tax purposes" starting Jan. 1, 2024.

Kazakhstan's Digital Tenge: Triumph in Pilot, Gears for 2024 Enhancements

Kazakhstan's Digital Tenge: Triumph in Pilot, Gears for 2024 Enhancements

Kazakhstan's successful pilot of digital tenge is set for significant business, regulatory, and technical improvements in 2024, bolstering its global CBDC position.

Kazakhstan Energy Ministry Cracks Down on Illegal PoW Mining

Kazakhstan Energy Ministry Cracks Down on Illegal PoW Mining

The Committee for Nuclear and Energy Supervision and Control of the Ministry of Energy of the Republic of Kazakhstan has taken a more aggressive approach to curb PoW mining in the country.

Kazakhstan Launches Public Consultation for Its Proposed CBDC

Kazakhstan Launches Public Consultation for Its Proposed CBDC

Kazakhstan is advancing its digital tenge project with a use case design and stakeholder consultation.

Kazakhstan Intends to Attract Over $738 Million in Crypto Investments in Next Three Years

Kazakhstan Intends to Attract Over $738 Million in Crypto Investments in Next Three Years

The government of Kazakhstan is making plans to attract $738 million in investments related to cryptocurrencies and digital mining activities set up with the nation over the next three years.

Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects

Kazakhstan to Secure $700 Million Funds to Boost its Bitcoin and Crypto Mining Projects

Kazakhstan's government is trying to secure a $700 million investment and reports that it is on track with its crypto mining farm project.

Energy Crisis Is Forcing Cryptocurrency Mining Companies Out of Kazakhstan

Energy Crisis Is Forcing Cryptocurrency Mining Companies Out of Kazakhstan

Kazakhstan recently welcomed the Bitcoin miners from China. But now lack of adequate electricity supply is causing some mining farms to relocate elsewhere.

Kazakhstan Gets Closer to Legalizing Digital Currencies: Report

Kazakhstan Gets Closer to Legalizing Digital Currencies: Report

Kazakhstan is closer to legalizing digital currencies as President Kassym-Jomart Tokayev has doubled down on his interest in making the country a leader in digital technologies.

Kazakhstan Blocks Coinbase, Citing Digital Asset Law

Kazakhstan Blocks Coinbase, Citing Digital Asset Law

Kazakhstan's Ministry of Culture and Information has blocked Coinbase due to legal conflicts with digital asset regulations, revisiting previous restrictions on other financial platforms.

Fintech in Belt and Road - the Bavarian Benefits

Fintech in Belt and Road - the Bavarian Benefits

Belt and Road Initiative—Germany

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