Kazakhstan Seeks to Attract $740 Million Crypto Investment in Three Years

[CebuBitcoin]

Kazakhstan Seeks to Attract $740 Million Crypto Investment in Three Years

Kazakhstan is aiming to attract nearly $740 million dollars in investment through various crypto industry-related activities over the next three years.
The government of Kazakhstan has set a goal to attract $738 million from investments in cryptocurrency related mining activities over the next three years.

According to the Astana Times on June 16, Kazakhstan’s Minister of Digital Development, Innovation and Aerospace Industry, Askar Zhumagaliyev, revealed the plan in an address to the upper house of the Kazakh Parliament.

Readmore: https://cointelegraph.com/news/kazakhstan-seeks-to-attract-740-million-crypto-investment-in-three-years

[TomPluz]

There are a good number of projects that maybe looking for a legal base or a headquarters to stand on so if Kazakhstan can offer better packages then this country has the potential to be getting a chunk of business from crypto-focused and related businesses. I just hope their regulations and laws as well as policies will not be changing in the future without consultations with the stakeholders.