News with the tag "Kazakhstan"

Kazakhstan is pushing forward with plans to modernize its energy system through digital mining and expand crypto trading beyond the Astana International Financial Centre economic zone. In an op-ed published in Kazakhstanskaya Pravda, Kanysh Tuleushin, First Vice Minister of Digital Development, Inno...

Kazakhstan plans to expand legal crypto operations, with president Kassym-Jomart Tokayev calling for urgent changes to improve the country’s infrastructure for digital assets. With the U.S. government becoming more crypto-friendly, Kazakhstan ‘s president Kassym-Jomart Tokayev is pushing for a fast ...

Mastercard brings its Crypto Credential solution to the EEMEA region, starting with the UAE and Kazakhstan. Payments processor Mastercard has rolled out its Crypto Credential solution in the UAE and Kazakhstan, marking its first move into the EEMEA region. The new service makes crypto transfers easi...

Kazakhstan shut down 36 illegal crypto exchanges in 2024, seizing $112 million in assets and advancing Anti-Money Laundering efforts alongside its upcoming digital tenge launch.

The Agency of the Republic of Kazakhstan for Financial Monitoring (AFM), the nation’s regulator, has blocked the operation of unlicensed crypto exchanges in the region. The watchdog quoted that several illegal exchanges have recently played a key role in money laundering schemes. They have allowed t...

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

The National Bank's latest project again shows the advantages of programmable central bank digital currency.

Kazakhstan’s financial watchdog is set to implement new restrictions that would require banks to automatically deny banking transfers to overseas crypto exchanges. The Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market, which oversees the country’s…

Telegram is opening an office in Kazakhstan to boost its local compliance with the country’s legal framework. The country’s laws now require social media platforms to appoint representatives and establish physical offices within their borders. Kazakhstan’s Minister of Digital Development, Innovation...

Telegram’s agreement to set up an office in Kazakhstan aligns with the firm’s increasing compliance efforts as its CEO remains in France amid an ongoing investigation.