Tag: Kazakhstan

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Binance Users Can Now Buy Crypto Using Debit Cards in 5 New Fiat Currencies

Crypto exchange Binance is enabling citizens in five further countries to buy crypto using Visa cards with their national fiat currencies. Cryptocurrency exchange Binance is enabling citizens in five further countries to buy cryptocurrency using Visa debit and credit cards with their national fiat currencies. The new service, announced April 10, will extend card support…
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Is Central Asia the New Safe Haven for Crypto Mining Amid Iran-US Crisis?

Are cryptocurrency mining operations moving from Iran to Central Asia in pursuit of stable cheap energy grids? Recently, the cryptocurrency mining community has been shaken with rumors of Chinese miners leaving Iran — where crypto mining is authorized as an industrial activity — for Central Asia. The move has ostensibly been taken in an attempt…
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Blockchain Firm BitFury Partners With UN on Forest Project in Kazakhstan

Blockchain development firm Bitfury is set to partner with the United Nations Development Programme on a project to conserve and increase Kazakhstan’s forestland. Blockchain development firm Bitfury is set to partner with the United Nations Development Programme (UNDP) on a project to conserve and increase Kazakhstan’s forestland. As the Astana Times reported on Jan. 14,…
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Kazakhstan Won’t Tax Cryptocurrency Mining: Report

Crypto mining is “purely technological progress,” a legislative analyst at a blockchain association in Kazakhstan says. Kazakhstan’s lawmakers won’t be taxing cryptocurrency mining until the mined crypto is exchanged for fiat money. According to a legislative analyst at a local blockchain association, cryptocurrency mining will not be treated as entrepreneurial activity but rather a “purely…
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