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Category KZT

Kazakhstan to allocate $300M to crypto investments

Kazakhstan to allocate $300M to crypto investments

Kazakhstan’s central bank is prepared to spend up to $300 million on the purchase of crypto assets, its governor announced to the press.
China now controls 14% of global Bitcoin mining despite 2021 ban

China now controls 14% of global Bitcoin mining despite 2021 ban

China is pulling in 14% of global Bitcoin mining power, despite its own ban still being on paper. That’s what’s playing out right now across places...
Kyrgyzstan halts crypto mining for winter, vows to restart in spring

Kyrgyzstan halts crypto mining for winter, vows to restart in spring

Kyrgyzstan profits from cryptocurrency mining and will allow it to continue after the cold winter months, the country’s president has promised. The...
Russia enforces winter bans on crypto miners in Buryatia and Transbaikal

Russia enforces winter bans on crypto miners in Buryatia and Transbaikal

Russia is reinstating a ban on cryptocurrency mining in two of its regions in Siberia, which will remain in place until the spring. The restriction...
Kyrgyzstan's central bank green lights escrow accounts for commercial banks crypto deals

Kyrgyzstan's central bank green lights escrow accounts for commercial banks crypto deals

The central bank of Kyrgyzstan has permitted commercial banks to open escrow accounts specifically for operations with cryptocurrencies. This type ...