Kazakhstan
Pakistan Mulls Crypto Future; Bitcoin’s Fed Boost
Pakistan to take a fresh look at cryptocurrency. Kazakhstan orders bitcoin miners to file regular status reports. Biggest Fed hike in 22 years sees Bitcoin close to $40,000 mark. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Kazakhstan Orders Crypto Miners to Register With Authorities
The Central Asian country is trying to clean up its mining industry in the face of energy shortages.
EXMO Exits Russia, Sells User Base There to Unnamed Buyer
The crypto exchange is also giving up its clients in Belarus and Kazahkstan following Russia's invasion of Ukraine.
Kazakhstan Looks to Bring Crypto Exchanges to Central Asian Financial Hub
The exchanges would operate in the Astana International Financial Centre in cooperation with the Kazakhstani banks and government agencies.
Kazakhstan Mining Crackdown Affecting Bitcoin Hashrate
CoinDesk's Christie Harkin joins the “Week in Review” panel to discuss Kazakhstan’s efforts to repress illegal crypto mining operations, and how that has impacted the bitcoin hashrate. Plus, CoinDesk Market Analyst Damanick Dantes explains how the Fed interest rate hike has influenced bitcoin’s volatility.
China Highlights Crypto Crimes; Kazakh Miners Busted
Crypto related crimes exposed on China’s Consumer Rights Day. Ex-Kazakh President’s brother busted for illegal crypto mining. Bitcoin potentially inspiring a transition to renewable energy. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Kazakhstan Crackdown Forces 106 More Illegal Crypto Mines to Close
Kazakhstan’s crackdown on illegal crypto mines has forced another 106 miners to stop operations, following investigations by the country’s financial monitoring agency. The country represents 20% of the total bitcoin mining capacity, according to CoinDesk’s Research Analyst George Kaloudis.
Kazakhstan Crackdown Forces 106 More Crypto Mines to Close
Notable political and business figures were said to be behind some of the mines, including the brother of former President Nursultan Nazarbayev.
Kazakh Authorities Bust 202MW of Illegal Crypto Mines
The Central Asian country has struggled to meet electricity demand, particularly after miners flocked there from China.
Crypto Miner BIT Mining Ditches Data Center Build in Kazakhstan Due to Unstable Power Supply
The company’s bitcoin mining rigs hosted by third-party data centers in the country remain operational.
