Kazakhstan Decided To Prohibit Cryptomining And Cryptocurrency

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Kazakhstan’s National Bank is taking a hard-line approach toward the regulation of cryptocurrencies — in an effort to prohibit its exchange for Kazakhstan’s national currency, the tenge, and every type of cryptomining, Chairman of Kazakhstan’s National Bank Daniyar Akishev told on March 30, 2018. “We minimize the risks related to the national market. However, no central bank has all the instruments to control this market in the cross-border market. Therefore, at least, we must prevent this risk via the national currency,” he stated.

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