Kazakhstan Financial News

05.10 / 13:59

UPS Provident Binance BNB and BUSD holders, this Binance announcement can affect…

Binance made a major expansion and partnership-related announcements recently. On 3 October, Binance announced that it signed a memorandum of understanding (MoU) with the Financial Monitoring Agency of Kazakhstan.

03.10 / 18:47

Binance SEC Tether Legal Kim Kardashian Charged by SEC for Promoting EthereumMax, Pro-Russian Paramilitary Raised Crypto Worth $400K, Crypto Exposure by Banks 0.14% + More News

03.10 / 15:19

Blockchain Adoption Binance Financial Binance signs MoU with Kazakhstan to fight financial crime

Global cryptocurrency exchange Binance has signed a memorandum of understanding (MoU) with the Financial Monitoring Agency of the Republic of Kazakhstan as a part of its global law enforcement training program.

02.10 / 14:27

crypto mining Russia Supplying Kazakhstan with Electricity for Cryptocurrency Miners

Russia is looking to bolster Kazakhstan's energy demands in an amendment of the partnership between the two nations, as a means to provide electricity to miners within the former Soviet republic member state. The move comes amidst growing demand for electricity by crypto miners in Kazakhstan, as mining activities see an uptick.

30.09 / 19:53

business Binance regulatory approval regulatory Binance launches New Zealand-based offices following regulatory approval

Global cryptocurrency exchange Binance has registered with New Zealand’s Ministry of Business, Innovation and Employment and opened local offices 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.

28.09 / 12:07

Russians flee to Kazakhstan to avoid call-up for war in Ukraine

Long queues have been building up at the Vishnevka border crossing from Russia to Kazakhstan as thousands continue to flee a possible call-up for the war in Ukraine.

21.09 / 16:39

Food Prices for flights out of Russia soar after Putin's reservists call-up

Vladimir Putin's announcement of a partial mobilisation to reinforce his troops in Ukraine sparked a rush on airline websites on Wednesday to try to leave Russia as soon as possible.

16.09 / 20:19

Climate change Africa Queen Elizabeth II Ukraine war: Pope says yes to weapons, Moscow-installed officials killed, tortured bodies unearthed

Pope Francis said on Thursday that it is morally legitimate for nations to supply weapons to Ukraine to help the country defend itself from Russian attacks.

09.09 / 14:35

Ethereum Man scam Bitcoin Ethlot.me Ethereum Mining ‘Scam Mastermind’ Flees South Korea for the Philippines

The alleged leader of what police believe to be a ethereum (ETH) mining scam masquerading as a bona fide “pool” has fled abroad.

02.09 / 16:23

Adoption Europe proof-of-work Bitcoin Armenia aims to position itself as a Bitcoin mining hub

At the end of August, a digital platform called ECOS Free Economic Zone delivered good news from a country that rarely sparks on the global crypto map — Armenia. ECOS reported adding 60 megawatts (MW) of capacity to its power plant-based facility, operating since 2018.

22.08 / 23:09

interview Energy Bitcoin Canaan exec says opportunity outweighs crisis as Bitcoin miners struggle with shrinking profits

2022 has been an exceptionally rough year for the crypto market, and the last few months of Bitcoin’s (BTC) price action could be a sign that bears aren’t even close to being ready to let up. Crumbling crypto prices also equate to diminishing profits for Bitcoin miners and this week’s regulatory action by the United States lawmakers requesting energy consumption data from four major BTC mining companies is bound to exert a bit more pressure on an already fragile situation.

15.08 / 19:37

Binance regulation Binance obtains in-principle approval to operate in Kazakhstan

The Astana Financial Services Authority, or AFSA, an independent financial regulator in Kazakhstan, has taken a step towards licensing major cryptocurrency exchange Binance to operate in the country.

12.08 / 21:31

Binance regulation Huobi Asia foreign Uzbekistan blocks access to foreign crypto exchanges over unregistered trading

The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to accusations of unlicensed activity.

04.08 / 17:51

UPS Mining Bitcoin Drop Mining Difficulty Bitcoin Mining Difficulty Cuts the Drop Streak

After a nearly two-month-long drop streak, Bitcoin (BTC) mining just got a bit more difficult.

03.08 / 18:23

Ethereum XRP Cardano Bitcoin The US Gets Another Crypto Regulation Idea, USD 9M Returned to Nomad, Zipmex 'Stabilizes' + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________

02.08 / 16:25

Government Adoption Asia Bitcoin What Kazakhstan’s new tax regime means for the crypto mining industry

On July 11, the President of Kazakhstan, Kassym-Jomart Tokayev, signed new tax rates for crypto mining operators into law. While these amendments reflect the country’s growing frustration with the undertaxed and non-transparent usage of the national power grid by both foreign investors and domestic perpetrators, the new taxes could hardly be called excluding.

01.08 / 16:15

Religion Pope Francis Forest fires Ukraine war: Pope Francis may meet the 'pro-war' leader of Russa's Orthodox Church, Patriarch Kirill

Pope Francis could meet Patriarch Kirill, the leader of the Russian Orthodox Church who the EU accuses of supporting the war in Ukraine.

01.08 / 11:39

Blockchain Adoption Binance Bitcoin Country-specific crypto markets a bad idea, CZ says after gov't talks

Binance CEO Changpeng ‘CZ’ Zhao has highlighted the shortcomings of segregated cryptocurrency markets after recent talks with governments from different countries.

23.07 / 08:45

Blockchain Adoption Lightning Network Bitcoin network recovery Bitcoin Network Bitcoin network difficulty drops to 27.693T as hash rate eyes recovery

The difficulty in mining a block of Bitcoin (BTC) was reduced further by 5% to 27.693 trillion as network difficulty maintains its three-month-long downward streak ever since reaching an all-time high of 31.251 trillion back in May 2022.

14.07 / 11:57

Mining Tax Bitcoin Kazakhstan to Increase Bitcoin Mining Tax Rates from 2023

Kazakhstan’s President Kassym-Jomart Tokayev has approved new tax rates for crypto miners – and tax bodies have been instructed to charge miners at a rate of up to USD 0.052 per kilowatt hour (kWh) as of January 1, 2023.

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