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Author Topic: Kazakhstan will become the second country regulating the cryptocurrency  (Read 966 times)
relest (OP)
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July 24, 2017, 04:34:40 AM
Last edit: July 25, 2017, 04:46:34 AM by relest
 #1

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/

White sugar
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July 24, 2017, 05:34:37 AM
 #2

They should update their anthem to say something about Bitcoin:

https://www.youtube.com/watch?v=dIV-QdPEx-Q
berrygood
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July 24, 2017, 05:41:34 AM
 #3

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

relest (OP)
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July 24, 2017, 05:49:35 AM
 #4

They should update their anthem to say something about Bitcoin:

https://www.youtube.com/watch?v=dIV-QdPEx-Q
Smiley
Borat's anthem is a joke, ofc.

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

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July 24, 2017, 06:30:43 AM
 #5

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.

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July 24, 2017, 06:37:00 AM
 #6

Who was the first country?
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July 24, 2017, 06:48:20 AM
 #7

Who was the first country?
Japan
Asimmo
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July 24, 2017, 06:51:04 AM
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Japan regulated coins or just legalised as payment method?
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July 24, 2017, 06:57:27 AM
 #9


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.
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July 24, 2017, 06:58:39 AM
 #10


Japan regulated coins or just legalised as payment method?
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.
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July 24, 2017, 09:25:08 AM
 #11


Japan regulated coins or just legalised as payment method?
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..
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July 24, 2017, 09:44:36 AM
 #12

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

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July 24, 2017, 11:09:12 AM
 #13

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

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July 24, 2017, 12:42:56 PM
 #14




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/
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July 24, 2017, 12:53:46 PM
 #15

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!
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July 24, 2017, 01:38:27 PM
 #16

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!
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July 24, 2017, 01:43:33 PM
 #17

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
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July 24, 2017, 01:44:59 PM
 #18

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 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
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July 24, 2017, 01:49:59 PM
 #19

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.

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.

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July 24, 2017, 01:53:28 PM
 #20

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.
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