1 / 2 Relevant items tagged with #Kazakhstan

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Putin Reveals Over 85% of CIS Trade Now in National Currencies

[Oct 9 1:30 AM] Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part…

Turkey Seeks to Join BRICS to Strengthen Global Influence

[Sep 3 10:30 PM] Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the…

China and Kazakhstan Sign CBDC Collaboration Agreement

[Jul 12 8:35 PM] The People’s Bank of China and the National Bank of Kazakhstan have signed an agreement to collaborate on central bank digital currencies (CBDCs). This collaboration agreement, formalized during President Xi Jinping’s visit to Kazakhstan…

Crypto Miners Blame ‘Exorbitant Taxes’ for Kazakhstan Exodus

[Oct 2, 2023 12:00 AM] Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year…

Binance Launches Regulated Crypto Exchange in Kazakhstan

[Jun 22, 2023 4:00 PM] Licensed since last year, the world’s largest digital asset exchange, Binance, has now launched a trading platform in Kazakhstan. The move comes amid increased pressure from regulators in other jurisdictions, like the U.S., and after Binance’s…

Bangladesh Eyes BRICS Invite as Rumors Swirl of Formal Request

[Jun 19, 2023 11:30 PM] In mid-May, several reports indicated that Bangladesh and India were engaging in currency trading using their respective currencies in order to address U.S. dollar liquidity challenges. Recent sources now reveal that Bangladesh is welcoming a…