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Tag: Kazakhstan

Posted on May 29, 2023

Bybit gets “in-principle” approval to begin operations in Kazakhstan

Bybit has received an “in-principle” approval from the Astana Financial Services Authority (AFSA) to start operating as a digital asset trading facility and as a custody services provider in …
Posted on May 25, 2023

Prosecutor General’s Office to Create Separate Department to Return Illegally Withdrawn Assets

The Prosecutor General’s Office of Kazakhstan will establish a separate department tasked with returning illegally withdrawn assets, Kazakh Deputy Prime Minister and Minister of Finance Yerulan …

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Posted on May 24, 2023

Kazakhstan to launch agency to manage billions of recoupled assets from abroad

ASTANA. KAZINFORM – Kazakhstan is set to establish a special fund for recouped billions of dollars of illegally appropriated assets transferred abroad, Kazinform correspondent reports.
Posted on May 24, 2023

Kazakhstan to launch agency to manage billions of recoupled assets from abroad

ASTANA. KAZINFORM – Kazakhstan is set to establish a special fund for recouped billions of dollars of illegally appropriated assets transferred abroad, Kazinform correspondent reports.
Posted on May 23, 2023

Don’t Try to Exchange Your Manats for Dollars in Turkmenistan

But even Turkmenistan and Uzbekistan, which have not seen their growth rates plummet to the same extent as Kazakhstan, are suffering. After recent reports of long lines at currency exchanges in …

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Posted on May 20, 2023

Kazakhstan and EU to Implement Projects Worth $9.7 Million

ALMATY – Kazakhstan and the European Union signed the EU-Kazakhstan Cooperation Facility Financing Agreement on implementing economic projects worth 9 million euros ($9.7 million) at the second …
Posted on May 19, 2023

PM Smailov discusses realization of new investment projects in Kazakhstan with EBRD, EIB leadership

Kazakh Prime Minister Alikhan Smailov held meetings with Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD), and Teresa Czerwińska, Vice-President of the …
Posted on May 19, 2023

China’s Sinopec agrees terms for potential Kazakhstan polyethylene investment

China’s Sinopec said it has agreed key terms with Kazakh state-owned oil and gas firm KazMunayGaz to build a gas-based petrochemical complex in Kazakhstan’s Atyrau region and a final investment decision will be made in 2024.
Posted on May 18, 2023

How small businesses in Kazakhstan are profiting from Western sanctions on Russia

The good deals also have a downside as almost all goods currently in high demand in Russia have become significantly more expensive in Kazakhstan …
Posted on May 18, 2023

How Kazakhstan’s New Digital Asset Law Could Pave the Way to a Regulated Crypto Economy

Kazakhstan, the world’s third largest Bitcoin mining hub, recently enacted its robust new Law on Digital Assets. In this explainer, we consider how the law, along with a slew of amendments to …

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