Kazakhstan Is to Introduce a Working Group on Blockchain And Crypto Industry Development

The Ministry of Digital Development, Innovation and Aero Cosmic Industry in Kazakhstan passed a project by the Prime Minister on developing crypto industry and blockchain technologies in the country. 

A special working group should prepare proposals on developing the industry, its regulation and integrating blockchain with the government’s management. Also, the roadmap is required to build a structured plan on achieving these goals. The results are expected in April, 2021.

Kazakhstan already has 17 mining farms that bring the monthly income up to $28 millions. There are also six data centers with the total loads of 300 MW. Therefore, Kazakhstan moves forward to becoming a promising place to develop the industry.