Authorities in Kazakhstan crack down on cryptocurrency mining amid electricity shortages.
Tuesday. They have completely suspended activities, dismantled and removed their equipment from a number of locations.the watchdog with identifying all enterprises minting digital currencies and verifying their tax, customs, and technical documentation. The agency was expected to conduct the checks together with other government bodies and report back by mid-March.
Some of the mining companies that have ceased operations are affiliated with well-known entrepreneurs in Kazakhstan like Alexander Klebanov from Pavlodar region and Bolat Nazarbayev, brother of former president Nursultan Nazarbayev, who ruled the country for decades after the dissolution of the Soviet Union.
According to media reports, Bolat Nazarbayev has been involved in cryptocurrency mining in Northern Kazakhstan. President Tokayev’s administration has been targeting business interests of the Nazarbayev family after quelling politicalOther public figures with alleged investments in cryptocurrency mining include the former chairman of the board of the Qazaqgaz energy company, Kairat Sharipbaev, and Erlan Nigmatulin, a prominent businessman from Karaganda region.
Among the mining companies engaged in illegal activities are entities linked to one of Kazakhstan’s richest people, Kairat Itemgenov. Other firms running underground mining farms have been associated with Tlegen Matkenov, former head of department at the Ministry of Internal Affairs. The Financial Monitoring Agency has filed 25 criminal cases and seized 67,000 units of mining equipment. The regulator claims the latestThe lack of sufficient regulation of mining and cryptocurrencies, the agency warned, creates risks for the country’s financial system and its citizens. Its representatives are participating in a working group tasked to develop new legislation for the crypto industry together with experts from the ministries of digital development, energy, and finance.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
More than 100 Haiti migrants arrive by sailboat in southern USBoat with over 100 Haitian migrants arrives in southern Florida state, US officials say, just eight days after more than 350 migrants arrived in the same area
Consulte Mais informação »
Gaming and Lifestyle Brand 100 Thieves Adds Barstool Sports Exec in Content Expansion (Exclusive)Jen Simons will lead content for the esports and gaming brand founded by Matthew 'Nadeshot' Haag.
Consulte Mais informação »
Job fair Tuesday for up to 100 positions at Bellevue assisted living centerThe property is expected to create up to 80 full-time and 20 part-time positions once open.
Consulte Mais informação »
Nicolas Cage's new film gets ultra rare 100% score on Rotten TomatoesNicolas Cage plays a fictionalised version of himself in The Unbearable Weight of Massive Talent - which has received rave feedback from critics in its first wave of reviews
Consulte Mais informação »
More than 100 migrants arrive in Florida Keys in 'smuggling event,' Border Patrol saysA group of 122 migrants arrived in the US by boat Monday, landing about 20 miles north of Key West, Florida, officials said.
Consulte Mais informação »