Verslag doen van: Kazachstan Centrale Bank Wil Ban Cryptocurrencies

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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 istaking [een] very conservative approachtowards cryptocurrencies, looking forextremely 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.

Daarnaast, he said he wants to ban cryptocurrency mining within Kazakhstan’s borders, telling Sputnik:

We minimize the risks related to the national market. Echter, no central bank has all the instruments to control this market in the cross-border market. Therefore, minstens, we must prevent this risk via the national currency.

The bankand other government agenciesbelieve that cryptocurrencies arean ideal instrument for money laundering and tax evasion,” hij zei.

Despite the chairman’s words, it does not appear that there are any regulations, laws or bills aimed at curbing the use of cryptocurrencies in Kazakhstan at present.

Kazakhstan flag beeld via Shutterstock

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https://www.coindesk.com/report-kazakhstans-national-bank-wants-to-ban-cryptocurrencies/

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