Crypto Kazakhstan expects to earn $1.5 billion from cryptocurrency mining in the next five years.

[Yusra3]

Kazakhstan's developing coin stamping industry can possibly pour $1.5 billion into the country's economy in a five-year time frame, coming about in more than $300 million in charge income, as indicated by the National Association of Blockchain and Data Center Industry which joins significant organizations engaged with cryptographic money extraction that record for 70% of the mining area. Spending plan incomes can reach $400 million with the launch of digital money trades, the association added.As indicated by the affiliation's leader, Alan Dordzhiev, even presently lawful members in the mining market bring Kazakhstan 98 billion tenge (near $230 million) every year.Over the next five years, the government may receive more than $300 million in taxes, according to the industry's major body.

 

[btaliat]

The funniest thing is that most countries that are visionary are always put in their best to support crypto. They always make sure they regulate the environment by providing an enabling environment for the company or any institution that want to adopt bitcoin. They do this with the assurance that they will also be gaining from it.

 

[Good-Guy]

The funniest thing is that most countries that are visionary are always put in their best to support crypto. They always make sure they regulate the environment by providing an enabling environment for the company or any institution that want to adopt bitcoin. They do this with the assurance that they will also be gaining from it.

You are right. I have noticed that cryptocurrencies are mostly welcomed by many developed countries as compared to under-developed and developing countries. I am not sure why this is the case, but countries should realize the importance of Bitcoin and accept Bitcoin as a reality rather than denying it and banning it for no good reasons.