China returns as 2nd top Bitcoin mining hub despite the crypto ban
China still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year.
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Kazakhstan Amends Registration Rules for Cryptocurrency Miners
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…
Kazakhstan ramps up power consumption reporting requirements for crypto miners
Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption.
Crypto firm Exmo exits Russia and Belarus by selling part of its business
Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan.
Kazakhstan to Increase Tax for Miners, Considers Tying Levy to Crypto Prices
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…
Kazakhstan Auditors Go After Crypto Miners Accused of Exploiting Tax Benefits
Authorities in Kazakhstan have found several businesses minting digital currencies that took advantage of tax cuts they were allegedly not supposed to benefit from. Auditors said the crypto firms registered…
Kazakhstan Police Shut Down Another Crypto Farm Amid Ongoing Crackdown on Mining
Law enforcement officers in Kazakhstan have busted another mining facility as they continue to crack down on illegal activities in the sector. The crypto farm, located at a railway station,…
Kazakhstan Shuts Down Over 100 Crypto Mining Farms
More than 100 crypto farms in Kazakhstan have terminated operations as a result of ongoing inspections of the mining sector. Authorities have revealed that some of the facilities are linked…
Over 100 illegal mining farms were shut down in enforcement raids in Kazakhstan
The Financial Monitoring Agency, Kazakhstan's financial watchdog, emphasizes the need to regulate the sector.
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