#kazakhstan

Jul 26, 2020
2 min

Kazakhstan Develop a National Digital Currency to Fight Corruption, Says Local Reports

Kazakhstan's digital tenge can provide "full transparency in the movement of budgetary funds," chairman at local anti-corruption service says. Alik Shpekbayev, Chairman of Kazakhstan's anti-corruption service, has called on the government to produce a national digital currency to fight corruption. He reportedly stated that national digital currencies similar to China's digital yuan should provide a more transparent financial system, Reported by a local news agency on July 21.

Eyes on Top-3 Spot by Kazakhstan for Global Bitcoin Mining

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Jul 15, 2020
6 min

Eyes on Top-3 Spot by Kazakhstan for Global Bitcoin Mining

Will the post-Soviet country’s cheap electricity manage to elbow out Russia and the United States as it has been attracting Bitcoin miners? Kazakhstan is turning into a significant destination for Bitcoin (BTC) miners who are looking for modest power in the post-halving business sector driven by more slender margins. As per ongoing reports, the oil-rich Central Asian nation expects the aggregate sum of cash put resources into neighborhood crypto mining activities to twofold b