Kazakhstan

Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge
-
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
-
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...
Block reward miners are eating up Kazakhstan’s electricity
-
24 November, 2021

Block reward miners are eating up Kazakhstan’s electricity

The boom on block reward mining in Kazakhstan comes after the mass exodus of miners from China's crackdown, forcing the...
Kazakhstan gov’t will not restrict power to legal miners
-
13 November, 2021

Kazakhstan gov’t will not restrict power to legal miners

In a meeting with all stakeholders in the industry, the energy minister said that the government won’t interrupt power supply...
Kazakhstan passes new law to regulate digital currency firms
-
11 November, 2021

Kazakhstan passes new law to regulate digital currency firms

The Kazakh Senate approved the law that now puts the digital currency sector under the Digital Development Ministry and requires...
Kazakhstan limits retail digital currency investment to 10% of annual income
-
8 November, 2021

Kazakhstan limits retail digital currency investment to 10% of annual income

The Kazakhstan financial regulator is seeking to protect investors from completely losing their capital in the volatile digital currency market,...
Advertisement