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Kazakhstan

Kazakhstan wants to raise tax on block reward miners by 500%
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15 February, 2022

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...
Georgia makes residents pledge holy oath vs digital currency mining
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25 January, 2022

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...
Deadly protests in Kazakhstan lead to 5-day Internet outage, BTC hash rate drops 13%
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11 January, 2022

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...
Kazakhstan central bank reveals digital tenge pilot results
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24 December, 2021

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...
Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge
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16 December, 2021

Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge

The Kazakh central bank worked with local banks and international partners on the prototype, but it will decide on the...
Xive shuts down facility in South Kazakhstan due to electricity crisis
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6 December, 2021

Xive shuts down facility in South Kazakhstan due to electricity crisis

Kazakhstan has been struggling with electricity shortage following the influx of block reward miners from China, forcing some miners to...
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