Places Kazakhstan

Kazakhstan's mining industry has been suffering and the new regulations could either provide stability or thwart it with high taxes.

The report suggests increasing collaboration between regulators, closing the knowledge gap, and creating a regulatory sandbox.

Zero-emission energy resources account for 52.2% of the network's energy usage. Meanwhile, Kazakhstan now represents only 6.4% of the global hash rate. 

The Majilis have approved the new bill governing the regulation of crypto assets alongside four other crypto mining regulation bills in Kazakhstan.

Kazakhstan inked a deal with Binance to launch its Digital Tenge on the BNB Chain.

Renewable energy sources in BTC mining fell to 28.48% in 2021 from over 40% in 2020, causing greenhouse gas emissions to increase by 63%.

Kazakhstan takes another step in its combat with crypto miners by imposing differentiated tax rates on crypto mining, including miners using renewable energy sources.

Kazakhstan continues its "decisive action against gray mining.”

Kazakhstan is proposing that crypto mining equipments should be taxed the same way as casino machines.

An uncertain macro economic landscape and trouble in Kazakhstan are being blamed for the market downturn.

The Bitcoin mining hardware manufacture company has announced new joint crypto mining businesses in Kazakhstan.

Kazakhstan's inability to supply consistent electricity is forcing miners out of the country.