Kazakhstan May Tax Crypto Mining At a Flat-Rate of 15%
Kazakhstan’s Ministry of the Economy wants to tax crypto mining in an effort to deal with the COVID-19 pandemic. Go to Source Powered by WPeMatico
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Various Crypto Mining Strategies Underline Industry’s Growth Potential
PoS mining platforms are gaining traction globally but could use more polishing and real-life testing, according to experts. Go to Source Powered by WPeMatico
Kazakhstan Needs National Crypto to Fight Corruption, Says Local Official
Kazakhstan’s digital tenge has the potential to provide “full transparency in movement of budgetary funds,” chairman at local anti-corruption service says. Go to Source Powered by WPeMatico
Kazakhstan Sets Eyes on Top-3 Spot for Global Bitcoin Mining
The post-Soviet country’s cheap electricity has been attracting Bitcoin miners, but will it manage to elbow out Russia and the United States? Go to Source Powered by WPeMatico
Kazakh Gov Plans to Double Its Investment in Digital Currency Mining
Kazakhstan says it will double its digital currency mining investment at the end of this year, and is eyeing a CBDC. Go to Source Powered by WPeMatico
Kazakhstan Seeks to Attract $740 Million Crypto Investment in Three Years
Kazakhstan is aiming to attract nearly $740 million dollars in investment through various crypto industry-related activities over the next three years. Go to Source Powered by WPeMatico
Binance Users Can Now Buy Crypto Using Debit Cards in 5 New Fiat Currencies
Binance is extending Visa support for crypto purchases using the Colombian peso, South Korean won, Kenyan shilling, Kazakhstani tenge and Peruvian neuvo sol Go to Source Powered by WPeMatico
Gold Investors Are Terrified Central Banks Might Dump Bullion During the Economic Crisis
Despite what gold bug Peter Schiff says, economists are uncertain that gold will shine during the current coronavirus crisis. While gold and other precious metals have seen decent gains in the last few weeks, a few investors are terrified that central banks will use their flight-to-safety assets in order to save their economies. Data shows … Read more
3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
As tensions escalated between the U.S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. Last spring, Chinese bitcoin mining operations flocked to Iran for extremely affordable electric prices ($0.006 per kilowatt-hour) in the oil-rich nation, … Read more
Is Central Asia the New Safe Haven for Crypto Mining Amid Iran-US Crisis?
With cheap electricity and friendly regulation, is Central Asia the new promised land for crypto miners? Go to Source Powered by WPeMatico
