Kazakhstan proposes 15% tax on block reward mining
With the coronavirus pandemic weighing heavily on the government’s hand, the tax will assist Kazakhstan in its recovery efforts.
Latest Kazakhstan News
Kazakhstan ramps up block reward mining venture as central bank preps CBDC
The country’s block reward mining efforts have thus far attracted investment of 82.6 million Tenge, approximately $20 million.
Kazakhstan turns to digital currency for $740M investment
The government is eyeing a further 300 billion tenges worth of investment to come over the next three years from the sector.
TAAL delays filing of annual financial statements announces intention to convert outstanding debt to equity and the suspension of operations in Kazakhstan
TAAL Distributed Information Technologies Inc. announces that it will delay filing its annual audited financial statements and management discussion and analysis for the year ended December 31, 2019 until on or about June 12, 2020.
Kazakhstan will only tax cryptos once they are sold for fiat
Kazakhstan will eliminate all taxes on cryptocurrency mining and will only tax cryptos once they are sold for fiat currencies.
Full power capacity restored after pre-winter maintenance at Squire Mining Operations
The black-outs were the result of the Company’s hosting provider’s power supplier undertaking a necessary upgrade in the substation transformer supplying power to the facility.
Bitfury to open data centers, other blockchain projects in Kazakhstan
The Nur-Sultan based Astana International Financial Centre (AIFC) will leverage expertise from Bitfury in developing new applications for blockchain.
CoinGeek Mining teams up with BNK Energy to open $15M data center in Kazakhstan
BNK Energy has opened the largest data center in Kazakhstan, which will provide cloud hosting services for CoinGeek Mining’s global fleet.
Kazakhstan PM pays a visit to newly-launched crypto mining firm
One of Kazakhstan's top leaders has reportedly toured the facility of the country's largest crypto mining firm, the BNKA Energy LLP, in the northeastern region of Pavlodar.