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In light of the sudden changes in the crypto mining situation in Kazakhstan with the restrictions on Bitcoin computational processes by the Chinese government.
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Today, cryptocurrency and digital mining are attracting more
interest from investors. At the same time, digital mining is
expensive and risky business, which has become complicated by the
different approaches of states to the legal regulation in this
industry. Therefore, investors need to learn the project s
costs and choose a profitable jurisdiction for the implementation
of their projects.
With this article, we would like to describe the legal
regulation of cryptocurrency and digital mining in Kazakhstan.
We note that the legal regulation of digital mining is now at
Writer, poet, member of the Kazakhstan Writers Union, Honored Worker of the Republic of Kazakhstan Khanbibi YESSENKARAKYZY was bornin1949 in South Kazakhstan (now Turkestan) region. She is a graduate of the Chimkent Pedagogic Institute. Ms Yessenkarakyzy worked as a secondary school teacher at the beginning of her professional career. Then, she worked for a regional newspaper «Saryagash». She also held the post of the head of the culture department of South Kazakhstan region, director of the Kaldayakov regional philharmonic hall. She authored many poems and literary works as well as lyrics of the well-known Kazakh songs. Her poems were translated into Russian, Ukrainian, Sakha, Uzbek, and Kyrgyz.
Photo: Kazpravda.kz/Adilbek Tauekelov 594 million network attacks on electronic resources of government agencies were prevented in Kazakhstan in 2020. This was reported by the Ministry of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan, Kazpravda.kz reports. In 2020, the State Technical Service JSC identified and blocked 594 million network attacks of various levels on the electronic resources of state bodies (SB). Thanks to the Unified Internet Access Gateway (UIAG), when connecting to the Internet, the risks of unauthorized access and malicious impact on electronic information resources of SB will significantly reduce. In this regard, the Ministry of Digital Development, Innovation and Aerospace Industry of the Republic of Kazakhstan notifies state bodies, local self-government bodies, state legal entities, subjects of the quasi-public sector, as well as owners of specially important objects of information and communication infr