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Topic: Kazakhstan To Launch Cryptocurrency... - page 2. (Read 584 times)

sr. member
Activity: 350
Merit: 250
October 20, 2017, 12:21:44 PM
#7
Kazakhstan will launch there national cryptocurrency backed by fiat.

 This will be state -issued.During the discussions, Kelimbetov emphasized the AIFC’s desire to balance the fostering of innovation and adoption of cryptocurrency technology with the ensuring of financial stability. “The United States and Singapore want to equate the activities of crypto-economic with ordinary activities in the financial sphere. In Switzerland, this direction is strongly encouraged and Japan supports some cryptocurrencies as a means of payment. We want to say that in this direction AIFC will be on the ‘edge’ concerning understanding the processes that are taking place
You must include the source, others want to read it as well.
Kazakhstan is not a superpower so any decision on the crypto currency will not have an impact on a global scale.
full member
Activity: 130
Merit: 100
October 20, 2017, 12:14:48 PM
#6
Kazakhstan will launch there national cryptocurrency backed by fiat.

 This will be state -issued.During the discussions, Kelimbetov emphasized the AIFC’s desire to balance the fostering of innovation and adoption of cryptocurrency technology with the ensuring of financial stability. “The United States and Singapore want to equate the activities of crypto-economic with ordinary activities in the financial sphere. In Switzerland, this direction is strongly encouraged and Japan supports some cryptocurrencies as a means of payment. We want to say that in this direction AIFC will be on the ‘edge’ concerning understanding the processes that are taking place

Interesting to hear about it. I have lots of friends originally from Kazakhstan!
Are cryptocurrencies allowed there now? What this Kazakhcoin will be made for? To replace fiat or what or which regulations?
sr. member
Activity: 406
Merit: 251
October 20, 2017, 11:57:45 AM
#5
2nd biggest goat and now their own Cryptocurrency...

Shit is looking up for Kazakhstan.


But seriously, any additional details on this project? Its a pretty big country that has some good natural resources

member
Activity: 112
Merit: 10
Verify is an Ethereum-powered Reputation protocol
October 19, 2017, 10:18:26 PM
#4
Kazakhstan will launch there national cryptocurrency backed by fiat.

 This will be state -issued.During the discussions, Kelimbetov emphasized the AIFC’s desire to balance the fostering of innovation and adoption of cryptocurrency technology with the ensuring of financial stability. “The United States and Singapore want to equate the activities of crypto-economic with ordinary activities in the financial sphere. In Switzerland, this direction is strongly encouraged and Japan supports some cryptocurrencies as a means of payment. We want to say that in this direction AIFC will be on the ‘edge’ concerning understanding the processes that are taking place

Source: cnbc [dot] com /2017/10/17/kazakhstan-plans-to-launch-its-own-cryptocurrency.html
sr. member
Activity: 812
Merit: 250
October 19, 2017, 09:46:01 PM
#3
Very pleased to hear this news, some countries are getting interested to adopt payments with blockchain technology.
in south east Asia I heard that Malaysia has already made a rule about using Bitcoin.
sr. member
Activity: 574
Merit: 251
October 19, 2017, 09:12:27 PM
#2
I am curious about this project, will the Kazakhstan government be sale publicly or will it open ICO like other coin? I hope the government Kazakhstan open globally so everyone can have the Kazakhstan coin.
newbie
Activity: 42
Merit: 0
October 19, 2017, 08:08:48 PM
#1
Kazakhstan will launch there national cryptocurrency backed by fiat.

 This will be state -issued.During the discussions, Kelimbetov emphasized the AIFC’s desire to balance the fostering of innovation and adoption of cryptocurrency technology with the ensuring of financial stability. “The United States and Singapore want to equate the activities of crypto-economic with ordinary activities in the financial sphere. In Switzerland, this direction is strongly encouraged and Japan supports some cryptocurrencies as a means of payment. We want to say that in this direction AIFC will be on the ‘edge’ concerning understanding the processes that are taking place
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