Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill

Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill


Bitcoin.com
2022-12-08 07:00:20

Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the industry and the taxation of its profits. Law to Regulate Crypto Mining in Kazakhstan, Change Licensing Rules The lower house of Kazakhstan’s parliament,