Kazakhstan Following Russia's Lead with Own Cryptocurrency

Kazakhstan has become the latest country to show an intention of creating its own fiat-based digital asset, following in the footsteps of its former Soviet handlers, Russia. It was announced via the country's government-supported Astana International Finance Center (AIFC) who said they had signed a deal of cooperation with a Maltese firm called Exante.

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In plugging themselves, Exante calls themselves a “next generation investment company." They said they would work with the AIFC to develop the ex-Soviet nation's untapped cryptocurrency market. "Blockchain and cryptocurrencies are entering the mainstream of today's economic reality," 

 

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