Kazakhstan president signs decree to accelerate crypto adoption
CoinTelegraph·
60-second summary
Kazakhstan's president signs a decree to accelerate crypto adoption, focusing on gas-powered electricity for mining, income tax exemptions for regulated crypto transactions, and cross-border stablecoin payments. The decree aims to create a favorable environment for crypto mining, leveraging the country's abundant gas resources. This move could attract miners and boost Kazakhstan's economy.
Kazakhstan targets gas-powered electricity for mining, income tax exemptions for regulated crypto transactions and cross-border stablecoin payments in a new decree signed by the president.