Kazakhstan Makes $1.5 Million From Crypto Mining Sector in Q1
The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the…
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Former CEO of Crypto Exchange Wex Dmitry Vasiliev Reportedly Detained in Croatia
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 Made $1.5M From Bitcoin Mining Fees in Q1 2022
The government of Kazakhstan reeled in 652 million Kazakhstani tenge ($1.5 million) in revenue from Bitcoin Miners in Q1 2022. This figure ran significantly below expectations, largely due to the…
Here’s how much Kazakh gov’t made off crypto mining in Q1 2022
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.
Binance to Advise Kazakhstan on Crypto Regulations
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…
Binance signs MOU with Kazakhstan to further crypto adoption and regulation
Binance CEO Changpeng Zhao met with Kazakhstan’s president and his senior staff on Wednesday to discuss long-term cooperation.
Tax guidelines for crypto mining pass the first reading in Kazakhstan
The gradual scale would impose the highest taxes on the cheapest electricity sources.
China Emerges as Leading Bitcoin Mining Hub a Year After Crackdown: Cambridge Data
China outlawed Bitcoin mining last May. Exactly a year later, the country has re-emerged as the leading venue for mining operations. A new study revealed underground mining activity in the…
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.
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…
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