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Kazakhstan

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...
Kazakhstan’s Senate proposes revisions to digital asset mining bill
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5 February, 2023

Kazakhstan’s Senate proposes revisions to digital asset mining bill

Revisions on the proposed virtual currency mining bill include the specification of the sub-types of permits available to miners and...
Kazakhstan’s miners face stiffer regulations following new bill
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26 December, 2022

Kazakhstan’s miners face stiffer regulations following new bill

The incoming legislation will require miners to buy electricity from the state-owned KOREM, which miners believe could impose unnecessary bureaucracies.
Kazakhstan sees potential in CBDCs, eyes phased rollout until 2025
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24 December, 2022

Kazakhstan sees potential in CBDCs, eyes phased rollout until 2025

The National Bank of Kazakhstan disclosed rounding up the second testing phase in developing the digital tenge, and it may...