Kazakh Central Bank May Ban Cryptocurrency
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Kazakh Central Bank May Ban Cryptocurrency
The central bank of Kazakhstan is considering banning cryptocurrency, according to a report in Cryptovest.
Akishev Talgatovich, Governor of the Kazakh National Bank, told Russian news agency Sputnik that cryptocurrency is primarily used for illegal activity.
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“In Kazakhstan, the national bank is taking a very conservative approach toward the matter, and it welcomes nothing but extremely tough restrictions. Therefore, we want to ban the exchange of digital currencies for the national currency. We want to prohibit the stock exchange’s activities in this area, as well ... (read more)
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