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Russia to Supply Electricity to Kazakhstan’s Cryptocurrency Miners

Russia to Supply Electricity to Kazakhstan’s Cryptocurrency MinersRussia is preparing to provide Kazakhstan with additional energy needed to operate crypto mining farms in the Central Asian nation. New arrangements will allow Kazakhstan’s miners to buy electricity directly from the Russian power generation and distribution giant Inter RAO. Miners in Kazakhstan to Source Energy From the Russian Federation Crypto mining enterprises operating in […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Banks in Kazakhstan to Open Accounts for Registered Crypto Exchanges

Banks in Kazakhstan to Open Accounts for Registered Crypto ExchangesCompanies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in cryptocurrencies and cash out their profits. Crypto Exchanges in Kazakhstan to Be Offered Banking Services Kazakh banks will be permitted […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces

Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies

Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial CompaniesCentral bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparations to launch a CBDC pilot program soon. The National Bank Released a Public Consultation Paper According to the announcement published on their website, the […]

Cartel-Linked Crypto Laundering Ring Disrupted by Federal Task Forces