Kazakhstan Signs Innovation Pact To Become ‘Blockchain Singapore’

Kazakhstan Signs Innovation Pact To Become ‘Blockchain Singapore’

Kazakhstan is working with Deloitte, the Blockchain company Waves and others to examine how the technology can operate in government. A press release issued today claims the country wishes to become the “second after Japan” to “recognize the need for the development of the cryptocurrency market system at the governmental level.” “The signing of the memorandum with our partners on the development of the digital currency market on the basis of the The International Financial Center Astana is the first step towards a creation of a full-fledged ecosystem of the digital economy in Kazakhstan,”....


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Quotes

In truth, the best Bitcoin can hope for is to be a second-rate version of gold, if that.

Andrew Ross Sorkin