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Kazakhstan

The9 Limited strikes deal to expand in Kazakhstan
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1 September, 2021

The9 Limited strikes deal to expand in Kazakhstan

The9 Limited and LGHSTR Ltd deal aims to invest and build digital currency mining facilities in Kazakhstan.
The9 sets up block reward mining shop in Kazakhstan
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8 August, 2021

The9 sets up block reward mining shop in Kazakhstan

The Nasdaq-listed company’s subsidiary NBTC Limited has signed a non-binding term sheet with KazDigital Ltd to set up a joint...
Kazakhstan allows banks to serve digital currency exchanges
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31 July, 2021

Kazakhstan allows banks to serve digital currency exchanges

The country’s pilot project seeks to make digital currency investment mainstream to attract investment from the global community as well...
Kazakhstan block reward miners face new energy costs in 2022
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6 July, 2021

Kazakhstan block reward miners face new energy costs in 2022

President of the Republic of Kazakhstan Kassym-Jomart Tokayev signed the law that will introduce a new tax levy on block...
Plummeting hash rate: The good and bad news
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5 July, 2021

Plummeting hash rate: The good and bad news

Although the drop in hash rate will have a negative consequence on the digital currency markets in the short term,...
Bitmain suspends new miner orders as supply booms
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25 June, 2021

Bitmain suspends new miner orders as supply booms

In freezing the sales, Bitmain says it is attempting to prevent customers from incurring losses on new machines, as well...
Kazakhstan working on a digital currency roadmap
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18 May, 2021

Kazakhstan working on a digital currency roadmap

Kazakhstan is working on implementing enabling regulations for the industry at a time when block reward mining in the country...
Kazakhstan proposes 15% tax on block reward mining
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10 August, 2020

Kazakhstan proposes 15% tax on block reward mining

With the coronavirus pandemic weighing heavily on the government’s hand, the tax will assist Kazakhstan in its recovery efforts.
Kazakhstan ramps up block reward mining venture as central bank preps CBDC
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7 July, 2020

Kazakhstan ramps up block reward mining venture as central bank preps CBDC

The country’s block reward mining efforts have thus far attracted investment of 82.6 million Tenge, approximately $20 million.
Kazakhstan turns to digital currency for $740M investment
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20 June, 2020

Kazakhstan turns to digital currency for $740M investment

The government is eyeing a further 300 billion tenges worth of investment to come over the next three years from...
TAAL delays filing of annual financial statements announces intention to convert outstanding debt to equity and the suspension of operations in Kazakhstan
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28 April, 2020

TAAL delays filing of annual financial statements announces intention to convert outstanding debt to equity and the suspension of operations in Kazakhstan

TAAL Distributed Information Technologies Inc. announces that it will delay filing its annual audited financial statements and management discussion and...
Kazakhstan will only tax cryptos once they are sold for fiat
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6 December, 2019

Kazakhstan will only tax cryptos once they are sold for fiat

Kazakhstan will only tax cryptos once they are sold for fiat