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Kazakhstan Plans to Attract Crypto Investments of $738.4 Million In Three Years
Summary: Kazakhstan is planning to attract 300 billion tenge, $738.4 million, of cryptocurrencies and digital mining investments in the future three years, said Askar Zhumagaliyev, Kazakh Minister of Digital Development, Innovation and Aerospace Industry, per local news media the Astana Times.
Kazakhstan is planning to attract 300 billion tenge, $738.4 million, of cryptocurrencies and digital mining investments in the future three years, said Askar Zhumagaliyev, Kazakh Minister of Digital Development, Innovation and Aerospace Industry, per local news media the Astana Times.
Zhumagaliyev addressed at a plenary session of Kazakh Parliament’s Senate, “We see today that activities such as digital mining and cryptocurrency are part of our everyday lives. I would like to note that there are 14 such digital farms in Kazakhstan and they are built near energy sources that can connect to them. They have already brought 82 billion tenge (US$201.7 million) of investments in the country.”
The Senate adopted the draft law and sent it to Kazakh President for further approval.
By Dawn Wu
Tags: Cryptocurency,Investment,Kazakhstan
Link: Kazakhstan Plans to Attract Crypto Investments of $738.4 Million In Three Years [Copy]
