Kazakhstan, major Bitcoin $BTC mining hub, tightens regulations on crypto w/ didar_bekbau of xive_io Mining Bitcoin
Kazakhstan, which is one of the world's most influential countries by Bitcoin mining hashrate share, has yet again tightened regulations for industry participants.Didar Bekbauov, co-founder of Xive all-in-one cryptocurrency mining solutions platform, shares the details of new regulations approved by the Majilis, the lower house of Kazakhstan's Parliament.
The bill, in addition to mandatory accreditation, introduces separate requirements for mining pools in terms of the location of their server capacities in Kazakhstan and compliance with information security rules.
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