Kazakhstan

The chairman of Kazakhstan’s National Payment Corporation (NPC), Binur Zhalenov, has made the first transaction with the central bank digital currency (CBDC). During his speech at the XI Congress of Finance in Almaty on Nov. 15, he paid with a debit card tied to the CBDC account, according t ...

The Ministry of Culture and Information of Kazakhstan has officially confirmed they have blocked the Coinbase website in the country. The authorities of Kazakhstan have been blocking local IPs' access to Coinbase since September at least.  According to a Nov. 7 report from a loca ...

The Supreme Audit Chamber of Kazakhstan held a presentation of the digital tenge and spoke about the advantages of the third form of the national currency. The presentation was attended by Berik Sholpankulov, Chairman of the National Bank, and Binur Zhalenov, Chairman of the National Bank's Payme ...

The Bybit exchange received preliminary approval from regulators in Kazakhstan to register as a provider of cryptocurrency storage services for citizens of the country. On Monday, May 29, the Astana Financial Services Authority (AFSA) pre-approved the platform. Now cry ...

The Agency for Financial Monitoring of the Republic of Kazakhstan identified four residents of Zhezkazgan, Almaty and Astana, who organized a cryptocurrency pyramid MetaGo and deceived over 600 Kazakhstanis. As part of the fraudulent scheme MetaGo organizers attracted inv ...

The government of the Republic of Kazakhstan for 2022 received 3.07 billion tenge (about $7 million) in taxes from miners. The reason, according to local media, is the entry into force of amendments to the Tax Code. According to the republican government, taxes collected ...

The Financial Monitoring Agency (AFM) of Kazakhstan has reported the closure of an illegal cryptocurrency exchange, ABS Change, by law enforcement agencies. The exchange was founded by three Kazakh citizens who operated outside the Astana International Financial Center (AIFC), which is the only t ...