Kazakhstan and Cryptocurrencies

Although it is true in the 21st century, the economic variability at world level is very interesting and at the same time very different in each case and nation, because each government establishes certain acceptances or restrictions in all senses and the economic scope does not escape being subject to dialogues and government evaluations. That is why, despite the fact that the economic issue of the cryptocurrency can be accepted by many world powers and recognized as an economic development for society and a constant evolution for the technology era, it is valid that other nations have an opinion on against it, That is why it is necessary to know the policies of uses of the same in each territory to not violate any law.

As we all know, the Republic of Kazakhstan, a transcontinental country located largely in Central Asia and a smaller part in Europe, announced to the world in mid-2017 the regulatory measures for activities using cryptocurrencies, in which the president of the National Bank of the Nation, Daniyar Akishev "will continue to maintain a fairly strict and conservative position on the subject and that may be increasingly restricted, thus prohibiting the purchase and sale of any cryptocurrency" in which support the following opinion of the agent "The measures are being implemented to minimize the risks that can affect the domestic market, however, no bank has the necessary infrastructure to keep the cross-border market under control, therefore, it is necessary to prevent risks. through the establishment of regulations"

In this way we can conclude that not all government entities are satisfied with the existence and demands of cryptocurrencies where they will have the power to take the prohibition measures for their population, in which they can express their comfort or not have these limitations and it can make governments reconsider them.