Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange – Finance Bitcoin News

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Bank Buys Bitcoin in Kazakhstan, Country to Develop Crypto Exchange – Finance Bitcoin News
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First banking operation with bitcoin opens door for legal crypto purchases in Kazakhstan.

A financial institution and a coin trading platform in Kazakhstan have teamed up to carry out what they say is the country’s first such joint transaction for the acquisition of cryptocurrency. Meanwhile, Kazakhstan’s leadership has declared readiness to further develop crypto exchange in the nation’s financial hub.

The process of buying crypto with Kazakhstani tenge was demonstrated to the country’s head of state. President Kassym-Jomart Tokayev expressed his administration’s readiness to support the further development of the project to facilitate crypto asset exchange in the Astana International Financial Center , the Central Asian nation’s financial hub, if the trial is successful.

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