Kazakhstan Warms Towards Bitcoin as Local Currency Freefalls

Kazakhstan Warms Towards Bitcoin as Local Currency Freefalls

Kazakhstan’s national fiat currency, the Tenge, has been falling for decades, recently, hitting a record low. Meanwhile, interest in Bitcoin is growing, and volumes have been steadily rising in the Central Asian country. Kazakhstan’s Currency Problems. The Central Asian country was the last Soviet republic to declare independence back in 1991 when the....


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