Kazakhstan ready to legalize crypto as Russians flock to the country
A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities. Kazakhstan is ready to legalize a mechanism for converting cryptocurrencies to cash if there is demand, said President Kassym-Jomart Tokayev, per local news agency Informburo on Sept. 28.Speaking at the international forum Digital Bridge 2022, Tokayev emphasized that Kazakhstan aims to become an international leader in the field of digital technology, cryptocurrency ecosystem and regulated mining. He noted that the government of Kazakhstan has drafted....
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