Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country – Mining Bitcoin News

The country’s massive crypto mining industry, which faced an internet blackout during civil unrest on top of power shortages, now hopes that the country will nevertheless remain an attractive location for miners.After days of turmoil, the embattled administration of Kazakhstan’s President Kassym-Jomart Tokayev says it now has the country stabilized.

The troubles in Kazakhstan began on Jan. 2 with demonstrations in the western Mangistau province against the increase of prices of natural gas and other fuels which turned into massengulfing the Central Asian republic. An unconfirmed number of people have died in the clashes and 5,800 individuals, including foreign nationals, have been arrested, official sources indicated.

Tokayev has been quoted as emphasizing that the security forces will implement all necessary measures to fully restore public law and order in the country, Russian news agency Interfax reported. The president has issued an order to establish a special government commission tasked to address the consequences of the riots in the affected regions.

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That's probably true, but if civil war breaks out in Kazakhstan, will it still be an attractive place?

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Poor internet infrastructure will hinder their ability to attract large operations.

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New legislations tailored to improve the prevention of the laundering of proceeds of crime and the financing of terrorism were indeed the best efforts put in by kazakhstan to safeguard the Crypto investments and grow remarkably as the crypto mining industry. However,

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I heard that they turned off the internet in Kazakhstan. I wouldn't trust that kind of government tbh

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Kazakhstan detains former head of national security as Putin and Kazakh president discuss restoring 'order'Russia's President Vladimir Putin and his Kazakh counterpart Kassym-Jomart Tokayev on Saturday discussed restoring 'order' in Kazakhstan following days of violence and unrest, as several high-profile officials were detained on suspicion of treason. This is what a tyrannical Government looks like….Hopefully the people can over throw their Government and establish a better one Hey, Taking political opponents and imprisoning or silencing them.. The Democrats do that here in the US Let's go Brandon The former head of Kazakhstan's domestic intelligence agency was detained on suspicion of high treason after he was fired amid violent protests .
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