Tag: Kazakhstan

Kazakhstan Is on the Brink of Banning Bitcoin, National Bank Chairman Claims

In the world of cryptocurrency, regulation will always remain a contentious topic. To a lot of people, regulating this industry serves no purpose other than to prevent innovation from happening. Others see it as a way to pave a more legitimate ecosystem. In Kazakhstan, it appears the country’s national bank wants to ensure that all cryptocurrency activity is forbidden in the future. Kazakhstan National Bank Refutes Bitcoin Anyone who has paid …
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Bitcoin Price Watch: Bitcoin Endures a Small Rise

Bitcoin’s price has incurred a small jump. After yesterday’s trading lows of $6,600 – $6,900, the current mark for bitcoin’s price is just under $7,100 – a small, but noticeable step forward after what can be labeled a very tumultuous week. For the most part, however, cryptocurrencies remain in the red, with major bitcoin competitors like ether trading at just under $400 and litecoin sitting at about $116. Other currencies, …
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Kazakhstan President Proposes a Global “Cryptocurrency” Known as G-Global

Kazakhstan is not a country most people would associate with digital currencies. Very little is known about this part of the world by outsiders, especially when it comes to the financial sector. At the same time, the country is home to a booming blockchain industry. Moreover, the president of Kazakhstan, Nursultan Nazarbayev, wants to create a new international “cryptocurrency” known as G-Global. It’s an interesting development to keep an eye …
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Kazakhstan Establishes National Blockchain and Cryptocurrency Association

Kazakhstan is one of those countries people hardly hear about when it comes to cryptocurrency and blockchain technology. That’s not because these topics are not of great interest to Kazhaks, but rather because there has not been a reason to introduce any sort of regulation. That being said, the country now has its very own Blockchain and Cryptocurrency Association meant to move things forward. It’s an interesting development, as this …
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