Bitcoin Forum

The Astana International Financial Center has announced the creation of a working group together with Deloitte, Waves, Juscutum, and Kesarev Consulting to develop an ecosystem to enable blockchain solutions for the CIS region.

Independent legal and regulatory framework based on the English common law principles, and the Fintech regulatory Sandbox, a special regime for innovative projects within the Astana International Financial Center, are unique advantages for attracting capital to different projects from around the world.

http://wavescommunity.com/waves-helps-kazakhstan-to-become-the-second-country-regulating-the-cryptocurrency/ (http://wavescommunity.com/waves-helps-kazakhstan-to-become-the-second-country-regulating-the-cryptocurrency/)

They should update their anthem to say something about Bitcoin:

https://www.youtube.com/watch?v=dIV-QdPEx-Q

This is good news for people from kazakhstan. All countries will adopt this technology and its products over time.

:)
Borat's anthem is a joke, ofc.

https://www.youtube.com/watch?v=hLuhqShBM2s (https://www.youtube.com/watch?v=hLuhqShBM2s)

As I remember Kzakhstan's guys very like to involve Big4 consultants to different projects without any result. I'm afraid that it is one more scheme for government money spending.

Who was the first country?

Japan

Japan regulated coins or just legalised as payment method?

Just said that they consider bitcoin as a coin. Not regulated the crypto or endorsed them.

I think Japan just legalised bitcoins as payment method on there, because as we know bitcoins is decentralized, there are no regulator for bitcoins, bitcoins can not be controled by government, corporations and other. Japan just makes bitcoin's users be comfortable on there because bitcoins doesn't considered as something illegal on there.

What a progressive country..

First regulaters in Google recaptcha but works in phone and tablets.

Oh Kazakhstan, a russian-speaking country with east-asian looking women. What's not to like? ;D
Do they have cheap electricity as well so I can move there to mine?

Some good news on Monacoin, the first Japanese altcoin launched in 2014:

https://www.cryptoninjas.net/2017/07/23/japan-exchange-bitbank-goes-live-monacoin-trading/

https://news.bitcoin.com/japanese-stores-suspend-bitcoin-payments-august-1/

Kazakhstan is well known fast developing country. I would like we in Serbia have such president who would really work for the people and the country. Respect!

Wow that would be great! I really hope Philippines would accept bitcoin as a payment but i think that is impossible for now. If ever they would do that, for sure they'll give higher tax on it. Crypto-currency will run the world in the near future!

I really dont understand what does it mean regulation of cryptocurrency. It is really impossible. You can only legalise or prohibit use of cryptography or prohibit to exchange of goods on information...etc

I think we are only a few years away before the Filipinos living abroad send bitcoins back home instead of being ripped off by Western Union...

A company called Abra is working on that

That's the problem with involving all these so-called reputable auditors. The Big Four have all had a series of terrible scandals take them apart, from fraud to tax evasion. Outright scammers, fined millions and still not in jail. More waste of public money, rich guys laughing to the bank.

I think Kazhaktan govt take the right decision. First, they will not dependent to euro and dollar. That 's abig jump for developing countries. If crypto can be used and investation instrument officially in the state , I think kahazaktan can make ICO for their investment plan.

Recently i seen south korea regulated bitcoin now its turn to kazakistan most asian countries are adopting crypto currency its really good move india also on its way to regulate completely good days ahead.

Nope..

China was in the news in 2013 and so was Russia.
Then in 2013 USA and Canada implemented crypto coin tax laws.
Then the USA agency FiNCEN fined Ripple and the FBI arrested guys using Bitcoin via LocalBitcoins in 2013.
Later the USA's SEC issued a warning to investors.
I could go on..

No idea where you have been buddy but.. LOL

All we need now is not for countries to just regulate blockchain tech, but to actually implement it for healthcare, insurance companies, voting systems ... :)

THe tech can't be regulated but the country just try to aim the thing has used by a lot of people right now such as crypto currency. blockchain just a system and you can't blame it. The real implementation of the blockchain still on the research.

Yeah right, everything else in Kazakhstan is regulated and doing great, just need to regulate the crypto currencies :D.

This is a joke.

This is exactly what will happen after all whether we like it or not and I am happy that the country is starting its own race early sooner or later other countries will join in and its because they have come to realise that there is no stopping of the crypto market and its increasing on a daily basis. The way out is to shut the internet which is something I don't think any government can afford to do at this time. For countries not ready, citizens should continue enjoying tax free income.

What a colossal load of bullshit.

Tax free ?
WOW admit tax fraud on a forum much ?
http://www.coindesk.com/irs-bitcoin-tax-guidelines-mean/
http://www.coindesk.com/canada-revenue-agency-tax-rules-apply-bitcoin/

I bet half of you here are guilty and just haven't been caught yet  :D

You don't seem very... how should I put it... trustworthy ;D
Screw tax. The government does a piss poor job with it anyway.

Oh really mr sleazy ass bullshit TOR / Onion i don't pay my taxes guy LOL
Me ?
I was warning you.. so you don't get arrested.

You are welcome chucklefuck profiteer.

I am not the NOOB nor am i advertising an illegal scam coin in my SIG.  ::)
Maybe i should just keep creating new accounts every five minutes like thew rest of you shitbirds ?

I doubt anything like that will happen during next 20 years and even if some government will be forward thinking enough to work on blockchain tech it doesn't mean that bitcoin or any other altcoin will gain value.
Not to mention that Kazakhstan is a pretty much insignificant economy and even if they will make cryptocurrency their alternative legal payment method it won't change the big picture, not in the way Japan adoption impacted markets anyway.

I don't understand the meaning of "regulating a cryptocurrency".
In all countries there is services that accept Bitcoin/Altcoin as payment method. Are they Illegal ?

As I understand, Kazakhstan is going to make tax breaks for the blockchain startups, ICO's in the Astana financial center. This center is like a separate country in the country

It's really good news for cryptocurrency enthusiasts lots of countries adopting blockchain technology recently South Korea legalised bitcoin lots of Asian countries moving towards this.

Are you sure that Japan "legalisation" didn`t had an effect on crypto currencies?