City Astana Financial News
22.01 / 09:31
UK
companies
London Stock Exchange
Air Astana postpones London IPO to February
Air Astana said its dual listing will comprise two offerings: shares and global depositary receipts (GDRs) in Kazakhstan and GDRs in London.
22.01 / 09:31
Real Estate
Abrdn
Investment trusts
Merger
Custodian Property Income REIT offloads assets at 9.5% premium ahead of abrdn merger
CREI is currently running on a 17.53% discount, according to data from the Association of Investment Companies, wider than the 14.8% discount it was at when news of the merger initially broke.
21.01 / 05:15
Digital
Cooper
Manufacturing
wellness
President
electronic
International
Kazakhstan can meet India's demands for rare-earths
Kazakhstan has 15 rare earth deposits, strategically important components of electronics and clean energy technology, and eyes for closer cooperation with international partners in harnessing the ample opportunities for these deposits, according to Chairman of the National Geological Service Yerlan Galiyev. This can meet India’s growing demands for rare earth deposits from a source which is situated closer home. India has recently entered into a deal with Argentina for sourcing rare earth metals.
15.01 / 11:53
15.01 / 11:53
companies
London Stock Exchange
IPOs
Kazakh airline Air Astana plans dual London listing
President and CEO Peter Foster said the initial public offering will accelerate the company’s 'next stage of growth'.
15.01 / 11:53
LSE
companies
London Stock Exchange
Police presence increased as six arrested over plot to disrupt London Stock Exchange
According to the Met, activists from Palestine Action had intended to prevent the building opening for trading this morning (15 January).
09.01 / 06:55
Cooper
Election
President
country
Interviews
International
2024
Kazakhstan poised to lead key organisations including SCO in 2024: President Tokayev
Tokayev has recently elaborated on the country’s foreign policy approach for 2024, saying that Astana will continue a constructive and balanced foreign policy, taking into account the national interests of the state. He pointed out that the country in 2024 will chair several international organizations at once, most notably the Organization of Turkic States, the Shanghai Cooperation Organization, the Collective Security Treaty Organization, and the Conference on Interaction and Confidence Building Measures in Asia.
21.11 / 20:17
Provident
BLOCK
Binance
Digital
coinbase
innovations
information
Kazakhstan Blocks Coinbase, Citing Digital Asset Law
Kazakhstan's Ministry of Culture and Information has clarified its decision to block the global cryptocurrency exchange, Coinbase, within the nation's borders. The ministry asserts that the trading of cryptocurrencies on Coinbase is in direct violation of the Kazakhstani law on Digital Assets. This clarification was provided in response to an inquiry from «Kursiv,» following a request from the Ministry of Digital Development, Innovations, and Aerospace Industry. The request was made to block access to Coinbase, which contravened section 5 of Article 11 of the country’s Digital Assets Law.
07.11 / 23:15
coinbase
Kraken
Kazakhstan Confirms Official Block of Coinbase Website Amid Ongoing Restrictions
The Ministry of Culture and Information of the Republic of Kazakhstan has officially confirmed that it blocked access to the Coinbase website in the country, citing violations of the country’s new digital assets law.
07.11 / 11:09
Binance
regulation
coinbase
Kraken
Asia
Kazakhstan’s authorities confirm they blocked access to Coinbase: Report
The Ministry of Culture and Information of Kazakhstan has officially confirmed they have blocked the Coinbase website in the country. The authorities of Kazakhstan have been blocking local IPs' access to Coinbase since September at least.
04.08 / 05:09
Cooper
country
India, Kazakhstan discuss bilateral, regional issues at fourth Security Dialogue held in Astana
India and Kazakhstan on Thursday discussed bilateral, regional issues at the fourth Security Dialogue held in Astana. The two countries also discussed the situation in Afghanistan and international issues of mutual concern, according to an official release.
21.07 / 12:13
stage
2023 Tour de France: Where and when can you watch Stage 19 Live?
The 173-kilometer Stage 19 of the 2023 Tour de France will see the distance between Moirans-en-Montagne to Poligny and it will skirt around the the Jura Mountains. The most exciting will be the pass of the Cote d'Ivoire with 30km remaining. Jonas Vingegaard of Team Jumbo-Visma is in the leading position and if he manages to keep things under his control, he may win the tour. Tadej Pogacar of the UAE Team Emirates has the unassailable 7'35" in the general classification.
07.07 / 20:31
UPS
Racing
Updates
Tour de France Stage 7: Jasper Philipsen defeats Mark Cavendish; Here are all the key updates
Tour de France took place on Friday, July 7, covering a flat distance of 169.9km from Mont-de-Marsan to Bordeaux. Mark Cavendish, who was vying to secure his 35th stage victory in the Tour de France and match Eddy Merckx's record for the most stage wins in Tour history, took the lead in the final stretch. However, he was ultimately overtaken by Jasper Philipsen, a Belgian sprinter known for his exceptional speed and ability to excel in close sprint finishes. Philipsen's triumph marked his third stage win in the 2023 Tour de France, with the stage itself completed in a time of 4 hours, 16 minutes, and 38 seconds, and an average speed of 39.3 kilometres per hour.
04.07 / 03:41
FIVE
Digital
Cooper
India’s close partner Iran gets SCO membership at Tuesday’s summit
Iran, one of India's key neighbours, will formally become a full member of the Shanghai Cooperation Organization (SCO) at the summit held under New Delhi's presidency on Tuesday in what would further boost connectivity initiatives via INSTC and Chabahar Port. Although Iran originally requested to join the alliance 15 years ago, membership was not approved until 2021 as SCO follows a rigorous process of admission. Iran plays a key role in INSTC and Chabahar Port as India's outreach to Russia and Central Asia.
21.06 / 13:41
Adoption
Binance
regulation
coinbase
Gemini
Asia
Binance launches regulated platform in Kazakhstan amid troubles in the West`
Global cryptocurrency exchange Binance announced the launch of a regulated digital asset platform in Kazakhstan amid growing regulatory troubles in the West. The launch of the new platform was announced at a press event on June 20, 2023, in the presence of representatives of Kazakhstan’s banking industry, and Binance Kazakhstan's leadership.
06.06 / 16:58
11.03 / 21:33
Provident
Binance
Digital
Citizens
Platform
Kazakhstan shuts down illegal crypto exchange, seizes $350,000
ABS Change, a platform illegally trading cryptocurrencies in Kazakhstan, has been identified and shut down, according to an update shared by the country’s Financial Monitoring Agency (FMA) on Telegram.
31.01 / 13:27
Adoption
regulation
Trading
policies
Framework
Here’s how Kazakhstan aims to enhance its legacy crypto trading framework
Kazakhstan, one of the world’s biggest Bitcoin (BTC) mining destinations, issued a consultation paper to gauge public interest in proposed amendments to improve the cryptocurrency trading framework.
06.10 / 14:29
Government
Blockchain
Binance
Asia
services
Kazakhstan grants Binance permanent license to offer digital asset services
After a build-up of multiple memorandums of understanding (MoU) and an initial “in-principle” approval to operate in Kazakhstan, Binance received a permanent license to operate in the country.
29.09 / 13:39
Government
Bitcoin
Kazakhstan ready to legalize crypto as Russians flock to the country
Kazakhstan is ready to legalize a mechanism for converting cryptocurrencies to cash if there is demand, said President Kassym-Jomart Tokayev, per local news agency Informburo on Sept. 28.
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