- New legislation proposed in the parliament of Kazakhstan will allow only authorized miners to mint digital currency, if adopted.
- Under its provisions, only companies registered at the Astana International Financial Center (AIFC) or non-resident entities that have agreements with licensed data centers, will be permitted to mine digital coins.
- Kazakhstan became a magnet for crypto miners following China’s crackdown on the industry and the influx of mining businesses has caused a growing power deficit.
Bill Aims to Limit Crypto Mining in Kazakhstan Only to Registered Companies
