Kazakhstan News

Kazakhstan’s officials say American crypto exchange Coinbase is violating local laws. Cryptocurrency exchange Coinbase has been blocked in Kazakhstan as the country is trying to oblige all trading companies to comply with its local regulatory environment. According to a report…

The National Bank of Kazakhstan (NBK) launched a new local agency that will be in charge of the CBDC development in the country. According to an official press release, the new agency will be called the National Payment Corporation. The…

Major crypto exchange Binance continues to expand its services globally with the latest launch of a new digital asset platform in Kazakhstan. 

Bybit, currently the second-largest cryptocurrency derivative exchange worldwide by volume, has been granted in-principle approval by the Astana Financial Services Authority (AFSA) of Kazakhstan to offer a range of crypto services.

According to Kazakhstan's Central Bank, the in-house CBDC should be made available from 2023, with progressive functionality expansion and commercial operation introduction through the end of 2025.

Lawmakers in Kazakhstan approve a new bill that requires miners to purchase electricity from the public grid only if there is a surplus and announce a ban on crypto transactions. Miners must buy electricity from the state The country’s Parliament,…

Cryptocurrency exchange Binance has entered into a Memorandum of Understanding (MOU) with the Financial Monitoring Agency of the Republic of Kazakhstan. Kazakhstan will create a secure virtual asset market in the nation with the assistance of Binance. The platform will…

Binance, the largest crypto exchange by trading volume, received in-principle approval from Kazakhstan regulators, enabling the exchange to offer cryptocurrency services in the country. In-Principle Approval From Kazakhstan’s AFSA Binance announced the receipt of the in-principle approval in a blog…

Kazakhstan’s vast Bitcoin mining industry has been severely hit by the political chaos currently rocking the Central Asian nation. Rising fuel prices led to a spike in public anger which grew into wider discontent among the Kazakhstan populace over corruption,…

The government of Kazakhstan would soon reportedly allow financial institutions to offer banking services to cryptocurrency exchanges in the country to facilitate crypto transactions.  Local Banks to Service Crypto Exchanges The report by the Astana Times which mentioned the Data…

SINGAPORE, July 12, 2021/Bingbon.com/– We are pleased to announce our partnership with Advcash, a payment platform supporting multiple fiat and cryptocurrencies, plastic and virtual prepaid cards, merchant tools, and robust account security features, all in a single, easy to use…

Major Chinese bitcoin mining company BIT Mining Limited said that it completed the delivery of the first batch of mining machines to Kazakhstan, with other batches following later. The move follows a series of crackdowns on bitcoin mining activities by…

Kazakhstan cryptocurrency mining sector might be seeing a boost with the government looking to invest over $700 million in the sector. Kazakhstan’s Crypto Mining Industry Getting Government Support According to Reuters, the Digital Development Minister of Kazakstan, Bagdat Mussin, announced…

Blockchain technology will be used to manage waiting lists for kindergartens in Kazakhstan, reports local Kazakh news outlet Elorda Info, on January 29, 2019. Blockchain Makes its Way into Kindergartens Kazakhstan seems to be implementing blockchain technology from grass root…

The National Bank of Kazakhstan may ban all activities related to cryptocurrencies which include cryptocurrency mining and exchanges. Kazakhstan’s Central Bank is taking a more conservative approach toward cryptocurrencies as an attempt to prevent citizens from converting Kazakh’s fiat currency…