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ARTICLE · 31 JANUARY 2022

Is Crytpo Still Alive In Kazakhstan?

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Kazakhstan has been a contentious territory for cryptominers. Especially in the beginning of January, 2022. No internet, no insight into future events in Kazakhstan.

KazakhstanTechnology
Saniya Perzadayeva
Saniya Perzadayeva
Sanzhar Amangeldy
Sanzhar Amangeldy

Is crypto still alive in Kazakhstan? 

Kazakhstan has been a contentious territory for cryptominers. Especially in the beginning of January, 2022. No internet, no insight into future events in Kazakhstan. To mine or not to mine? Is “crypto” legal or illegal in Kazakhstan? Those questions cryptominers have been asking their lawyers in Kazakhstan. 

President Tokayev said “terrorists' attack” and asked Collective Security Treaty Organisation (Russia, Belarus, Tajikistan, Armenia and Kyrgyzstan) for help. However, concerns over the stability of legislation and allegiance of the governmental bodies should not bother cryptominers, since Kazakhstan has never been closer to the Rule of Law State than now. President Tokayev adopts some policies which will support the prospect development of the country. 

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