Kazakhstan in talks over $ 700 million investment in cryptocurrency mining projects – Deccan Herald

Kazakhstan in talks over $ 700 million investment in cryptocurrency mining projects – Deccan Herald

Kazakhstan is in talks to attract investment worth 300 billion tenge ($ 714 million) in the cryptocurrency sector, Minister of Digital Development Bagdat Mussin said on Wednesday.

Kazakhstan claims to represent 6% of the world’s cryptocurrency mining.

The country passed legal amendments in June clarifying the regulation and taxation of cryptocurrency mining that it hopes will boost its…

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