Kazakhstan plans to launch its own cryptocurrency

Kazakhstan wants to enter the cryptocurrency market – with its own fiat-backed digital asset.

The country’s government-supported Astana International Finance Center (AIFC) said Tuesday it had signed a deal of cooperation with Maltese firm Exante.

In a press release, Exante, which calls itself a “next generation investment company,” said it would work with the AIFC to develop the ex-Soviet nation’s untapped cryptocurrency market…

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