Digital Tenge on BNB Chain? Are you kidding me?
Changpeng Zhao tweeted that his team had persuaded Berik Sholpankulov, the First Deputy of the Governor of the National Bank of Kazakhstan, to test integrating the Digital Tenge with the BNB chain.
Latest Kazakhstan News
Kazakhstan legislature approves 5 bills governing digital assets
Kazakhstan is ramping up its digital asset monitoring powers with the introduction of new bills as miners flock to the country to utilize its raw materials following crackdowns from mainland China.
Kazakhstan: Police arrest gang forcing IT specialists to operate block reward mining farms
The MIA's investigations found that the gang had been forcing an IT specialist to run its illegal block reward mining farm, which earned them an estimated $300,000 to $500,000 monthly.
Kazakhstan now lets registered digital currency exchanges open bank accounts
The ministry stated that exchanges that will be eligible to join the pilot project are those registered in the country's special economic zone—the Astana International Financial Center.
National Bank of Kazakhstan isn’t ignoring the digital currency market, chairman says
Galymzhan Pirmatov notes that the institution is carefully studying the digital currency market and is set to unveil some of its plans before 2022 ends.
Kazakhstan wants status reports, full disclosures from block reward miners
According to a recently published ministerial order, all miners will have to submit their business registration data, along with information about all their employees who must be legal residents of Kazakhstan.
Kazakhstan shuts down over 100 illegal BTC miners in latest crackdown
Kazakh authorities announced that about half the illicit miners voluntarily chose to shut down in adherence to government directives, with the other half being forced to halt operations.
Kazakhstan shuts down 13 illegal mining farms as energy shortage bites
The Ministry of Energy cracked down on the 13 illegal mining farms, which it claimed had been using a lot of energy and vowed to continue to clamp down on other illicit miners.
Kazakhstan wants to raise tax on block reward miners by 500%
The proposal by the Minister of Finance will also see miners pay a monthly tax on their mining rigs, whether they use them to mine or even if they’re not in operation.
Georgia makes residents pledge holy oath vs digital currency mining
As China leads a number of countries in legal measures against block reward mining, Georgia is turning to a different solution—a holy oath against mining.
Deadly protests in Kazakhstan lead to 5-day Internet outage, BTC hash rate drops 13%
Kazakhstan has been experiencing its deadliest protests ever with over 160 dead, and BTC hash rate took a nosedive after a five-day Internet outage.
Kazakhstan central bank reveals digital tenge pilot results
The National Bank of Kazakhstan plans to set up a retail digital currency on a distributed ledger technology, and is mulling the possibility of using the digital tenge for payment.