Report: Kazakhstan’s Central Bank Wants to Ban Cryptocurrencies

The National Bank of Kazakhstan wants to ban cryptocurrency trading and mining in the European nation, its chairman said.

Speaking to Sputnik News, Daniyar Akishev said the central bank is “taking [a] very conservative approach” towards cryptocurrencies, looking for “extremely tough restrictions.”

To that end, he told the Russian government news site, he wants to ban all crypto exchanges and prevent residents from converting the nation’s fiat currency into any form of cryptocurrency.

In addition, he said he wants to ban cryptocurrency mining within Kazakhstan’s borders, telling Sputnik: […]

Read Full: Report: Kazakhstan’s Central Bank Wants to Ban Cryptocurrencies