Kazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

The situation across Kazakhstan, hit by anti-government protests in the first week of the year, is normalizing, central authorities claim. 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. President Tokayev Has … Read moreKazakhstan Is Stabilizing, Government Claims as Crypto Miners Look to Future in Country

Spain Reduces ATM Numbers to 2002 Levels as Country Moves to Digital Payments

The number of ATMs in Spain has been progressively shrinking to levels the country saw in the year 2002. Reports from local media suggest these actions have been taken to reduce costs and to push payment and operation digitalization in the sector. The highest number of ATMs was registered in 2008 when there were 61,714 … Read moreSpain Reduces ATM Numbers to 2002 Levels as Country Moves to Digital Payments

Japan’s Taxes on Crypto Firms Are Leading Some to Leave the Country

Crypto companies in Japan have implored authorities to change tax policies that some say are driving them out of the country. Recent government policy announcements indicate their calls are unheeded. On Dec. 10, Japan’s ruling coalition approved a tax plan for the 2022 fiscal year that continues to treat token listings as taxable. Once tokens … Read moreJapan’s Taxes on Crypto Firms Are Leading Some to Leave the Country