Post
Topic
Board Press
Re: [2018-03-31] Kazakhstan Preparing to Prohibit Crypto Trading and Mining
by
Comrade1917
on 01/04/2018, 17:55:41 UTC
I think the tittle be rightfully written in “Central Bank of Kazakhstan”, it looks to me that the government is not the one planning on prohibiting trading and mining. The CEO of national bank can only propose any legislation to the lawmakers and not the other way around. Can we expect a good statements from this bankers, not without biases. Not until the law is passed and signed this is not finalised.
Exactly. Banks don't care about digitalization and progress of country, they just care about their business and no surprise that they want to ban crypto trading. On the other hand, governments need to care about development and Kazahstan is in favor of crypto. They will never accept such suggestion from the bank. Government writes laws, not banks.
Just watch this video of President: https://www.youtube.com/watch?v=SYqpDBQm8Co&t=1s