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Dmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by Kazakhstan where he is accused of stealing money from an investor. Wex Executive Vasiliev Apprehended at the Airport in Zagreb Belarus-born Dmitry Vasiliev, former CEO … Read more
The Kazakh budget has not received the expected amount of fees from crypto mining as the government has shut down lots of miners to “ensure energy security,” the government said. Go to Source Powered by WPeMatico
Cryptocurrency exchange Binance will assist the government of Kazakhstan in efforts to regulate the country’s crypto space. The global coin trading platform will also help with the integration of the domestic banking system with the expanding digital assets market. Kazakhstan to Cooperate With Binance on the Development of Its Crypto Sector Binance, the world’s leading … Read more
Binance CEO Changpeng Zhao met with Kazakhstan’s president and his senior staff on Wednesday to discuss long-term cooperation. Go to Source Powered by WPeMatico
The gradual scale would impose the highest taxes on the cheapest electricity sources. Go to Source Powered by WPeMatico
China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year. Go to Source Powered by WPeMatico
The government of Kazakhstan has revised the registration requirements for persons and companies involved in crypto mining. The updated regulations come amid an ongoing clampdown on the industry in the Central Asian nation, where the influx of miners has been blamed for persisting electricity shortages. Crypto Miners to File Quarterly Reports With Kazakhstan Authorities An … Read more
Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption. Go to Source Powered by WPeMatico
Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan. Go to Source Powered by WPeMatico
The government of Kazakhstan is preparing to increase the tax burden for cryptocurrency miners and intends to tie the new rate to the value of the minted cryptocurrency. The authorities in Nur-Sultan believe that such an approach would have a positive effect on the state budget. Miners in Kazakhstan to Pay Tax on the Value … Read more
