Kazakhstan Completes First Crypto Purchase With Local Currency, Eyes Regulation: Report

[AJBot]

President Tokayev said Kazakhstan will give full legal recognition to digital assets if demand persists while they continue testing security concerns.The first purchase of cryptocurrency with Kazakhstan’s local currency has been finalized.The President of Kazakhstan says further demand could likely result in full legal recognition of digital assets. The country will continue running a pilot program through this year to test demand and security. Kazakhstan’s first cryptocurrency purchase with its local currency, the tenge, took place today as the country considers “full leg ...

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