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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…
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.
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 CEO Changpeng Zhao met with Kazakhstan’s president and his senior staff on Wednesday to discuss long-term cooperation.
The gradual scale would impose the highest taxes on the cheapest electricity sources.
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 still hosts 21% of the total global Bitcoin hash rate after the local government banned all crypto operations in the country last year.
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…
Cryptocurrency mining companies will be required to submit comprehensive information about their operations as the country tries to reign in electricity consumption.
Russia-linked crypto exchange Exmo will no longer provide services to users from Russia, Belarus and Kazakhstan.