Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange

Kazakhstan Parliament Adopts Law Regulating Crypto Mining and ExchangeLawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges. Senate Votes on Crypto Law, Sends It to President of Kazakhstan […]

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More Regulations Proposed to ‘Streamline’ Mining Sector in Kazakhstan

More Regulations Proposed to ‘Streamline’ Mining Sector in KazakhstanAuthorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the forming public opinion that they are responsible for the country’s electricity deficit. Crypto Mining in Kazakhstan Needs Additional Regulations, Lawmaker Says New regulatory requirements and […]

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Lawmakers in Kazakhstan Propose Registration for Crypto Farms, Higher Electricity Rate for Miners

Lawmakers in Kazakhstan Propose Registration for Crypto Farms, Higher Electricity Rate for MinersMembers of the parliament in Kazakhstan have proposed the establishment of a state register for cryptocurrency farms operating in the country. Alarmed by the growing consumption of energy in the sector, the lawmakers also want to charge miners a higher price for the electricity they use. Mazhilis Members Want Miners in Kazakhstan to Register With […]

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