Central Bank of Kazakhstan Wants to Restrict Cryptocurrency Exchanges and Mining Operations

Central Bank of Kazakhstan Wants to Restrict Cryptocurrency Exchanges and Mining Operations

Every country in the world is pondering over the Bitcoin problem. That isn’t a big surprise as this cryptocurrency can’t be ignored any longer. In Kazakhstan, the government and central bank aren’t exactly open-minded. In fact, it seems the goal is to introduce a rather harsh stance regarding exchanges and mining operations. Proposals have been drafted to restrict these activities moving forward. There are some caveats regarding these new proposals, though. First of all, the chairman of Kazakhstan’s central bank admits he knows nothing about cryptocurrency. Someone who is that ignorant can’t make any decisions on this front whatsoever. […]