1 / 2 Relevant items tagged with #Kazakhstan
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Bitcoin Mining Bans Can Backfire on Climate Conscious Governments, a New Research Finds
[Nov 1, 2024 7:14 PM] The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.
Telegram to open an office in Kazakhstan, boost regulatory compliance
[Oct 14, 2024 8:45 AM] Telegram’s agreement to set up an office in Kazakhstan aligns with the firm’s increasing compliance efforts as its CEO remains in France amid an ongoing investigation.
Putin Reveals Over 85% of CIS Trade Now in National Currencies
[Oct 9, 2024 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…
Binance Secures Regulatory License in Kazakhstan for Crypto Trading
[Oct 2, 2024 3:30 AM] Binance Kazakhstan has secured a full Digital Asset Trading Facility (DATF) license from the Astana Financial Services Authority. This approval allows the crypto exchange to operate as a trading platform, broker-dealer, and digital asset custodian…
Bybit Expands in CIS Region With Kazakhstan License for Crypto Services
[Sep 28, 2024 12:30 AM] Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset…
Kazakhstan mulls Binance, Bybit for digital asset trading
[Sep 9, 2024 5:45 PM] The crypto exchanges have received the consent of the AFSA regulator to be the first fully licensed Digital Asset Trading Facilities in Kazakhstan.
Binance Kazakhstan Receives Formal Consent for Regulatory License
[Sep 7, 2024 1:30 AM] Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The…
Turkey Seeks to Join BRICS to Strengthen Global Influence
[Sep 3, 2024 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…
Kazakhstan pays for rail line to China using programmable CBDC
[Jul 19, 2024 11:36 AM] The second phase of the Kazakhstan central bank digital currency pilot focused on control of its many potential uses.
China and Kazakhstan Sign CBDC Collaboration Agreement
[Jul 12, 2024 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…
Toncoin gains regulatory approval to trade in Kazakhstan
[Jun 28, 2024 10:59 AM] The approval of Toncoin marks the 107th digital asset approved by the government regulator, as TON joins AVAX, MATIC, ADA and others.
Kazakhstan central bank reviews digital tenge pilot successes, next steps
[Dec 15, 2023 3:35 PM] The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come.
CZ must stay, Do Kwon to be extradited: Law Decoded
[Dec 11, 2023 2:00 PM] A Seattle district court ruled out CZ’s departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do Kwon’s extradition.
Kazakhstan blocked 980 unlicensed crypto exchanges in 2023
[Dec 8, 2023 4:39 AM] The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering.
Kazakhstan Central Bank Marks Digital Tenge Pilot With First Retail Payment
[Nov 15, 2023 6:58 AM] The National Bank of Kazakhstan plans to implement a digital tenge by the end of 2025.
Kazakhstan officially launches digital tenge
[Nov 15, 2023 5:28 AM] The chairman of the National Payment Corporation has made the first transaction with the central bank digital currency.
Coinbase Website Blocked in Kazakhstan Amidst Crypto Securities Law Enforcement
[Nov 7, 2023 1:30 PM] Regional reports from Kazakhstan indicate that Coinbase, one of the largest crypto exchanges globally, has been blocked as it reportedly “violates paragraph 5 of Article 11 of the Digital Assets Law of the Republic of Kazakhstan.”…
Coinbase Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
[Nov 7, 2023 6:47 AM] Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year.
Kazakhstan’s authorities confirm they blocked access to Coinbase: Report
[Nov 7, 2023 4:55 AM] The authorities cited the Law on Digital Assets, enacted in February 2023, that forbids the issuance and trading of digital currencies and crypto exchange operations without a national license, according to reports.
Kazakh crypto miners plead with President to cut energy prices
[Oct 3, 2023 3:40 AM] Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev.
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…
Kazakhstan establishes regulatory agency to implement CBDC
[Sep 18, 2023 2:30 AM] The National Payment Corporation will be responsible for the development of “digital financial infrastructure,” including the implementation of the digital tenge.
Canaan Cuts Bitcoin Mining Power by 2 EH/s Amid US, Kazakhstan Challenges
[Aug 20, 2023 2:30 AM] Canaan, a leading high-performance computing firm and mining rig producer, recently disclosed hurdles set to dent its bitcoin mining activities and revenue from Q3 2023 onward. These setbacks primarily stem from diminished operational hours of…
New York Man Admits to Billion-Dollar Bitcoin Hack From 2016, Pleads Guilty With Wife to Money Laundering
[Aug 3, 2023 4:30 PM] In an unexpected revelation, Ilya Lichtenstein, 35, confessed to being the original hacker behind the 2016 cyberattack on crypto exchange Bitfinex, a theft that was once worth $4.5 billion. Lichtenstein made the admission while pleading guilty to…
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…
Binance launches regulated platform in Kazakhstan amid troubles in the West`
[Jun 21, 2023 7:22 AM] Amid growing regulatory uncertainty in the West several crypto platforms have shifted their focus toward the Asia Pacific region.
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…
Bybit Follows Binance’s Footsteps, Exits Canadian Market Amid Regulatory Concerns
Crypto Exchange Bybit Granted In-principle Approval to Operate in Kazakhstan
[May 31, 2023 5:30 AM] Cryptocurrency exchange Bybit has received an in-principle approval to work in Kazakhstan, a jurisdiction increasingly seen by crypto companies as a gateway to the former-Soviet space. The trading platform wants to expand its presence in the region…