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Kazakhstan

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF
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25 June, 2024

CBDCs can improve cross-border payments, financial inclusion in the Middle East: IMF

IMF says Middle Eastern and Central Asian countries can significantly benefit from CBDCs but urges caution as they come with...
Kazakhstan sets up new committee to spearhead AI advancements
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8 May, 2024

Kazakhstan sets up new committee to spearhead AI advancements

With artificial intelligence’s growing popularity, Kazakhstan established a new committee whose key role revolves around the development and implementation of...
Kazakhstan-based firm explores blockchain for IP protection
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17 February, 2024

Kazakhstan-based firm explores blockchain for IP protection

Future NFT Technology Limited established its copyright protection platform in 2023 and, since then, received hundreds of copyright registrations in...
Digital tenge pilot was a success: Kazakhstan central bank
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19 December, 2023

Digital tenge pilot was a success: Kazakhstan central bank

The digital tenge pilot launched a month ago and, in that time, it has been used to make retail payments...
Kazakhstan launches digital tenge, makes first retail payment
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20 November, 2023

Kazakhstan launches digital tenge, makes first retail payment

The National Payment Corporation of Kazakhstan has unveiled the CBDC, which it says integrates VISA and Mastercard, as well as...
Coinbase access in Kazakhstan blocked over illegal operations
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10 November, 2023

Coinbase access in Kazakhstan blocked over illegal operations

Kazakhstan is prohibiting access to Coinbase due to violations of digital asset laws, citing specific provisions prohibiting unsecured assets and...
Kazakhstan block reward miners: High energy prices are killing us
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6 October, 2023

Kazakhstan block reward miners: High energy prices are killing us

In a letter, eight BTC mining firms implored President Kassym-Jomart Kemeluly Tokayev to cut down on the energy taxes, which...
Kazakhstan’s new agency paves way for CBDC launch by 2025
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24 September, 2023

Kazakhstan’s new agency paves way for CBDC launch by 2025

Kazakhstan establishes NPC to develop digital tenge and enhance open banking, aiming to boost payment system efficiency and financial inclusivity.
Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test
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19 September, 2023

Kazakhstan, Hong Kong join SWIFT’s CBDC interoperability beta test

The new beta test focuses on interlinking CBDCs to foster cross-border payments, while a second test with 30 banks tests...
Here are some potential blockchain technology use cases in Central and South Asia
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28 August, 2023

Here are some potential blockchain technology use cases in Central and South Asia

To unlock the benefits of blockchain, governments, businesses, and stakeholders must collaborate to address regulatory challenges, invest in infrastructure, and...
Kazakhstan earned $7M in taxes from digital asset miners
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10 May, 2023

Kazakhstan earned $7M in taxes from digital asset miners

The country started taxing miners in January 2022, and it has paid off, netting $7 million for Kazakhstan. The country...
Kazakhstan’s new laws limit BTC miners’ energy use, forces them to sell 75% of mined assets
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19 February, 2023

Kazakhstan’s new laws limit BTC miners’ energy use, forces them to sell 75% of mined assets

The new law aims to reduce the impact of miners on the national grid, only allowing them to tap the...