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Published 2 years ago

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

Summary by Ground News
Eurasian Bank and the Kazakhstan-based crypto exchange Intebix have reported conducting what they presented as the first crypto-related transaction in the country. The deal, in which cryptocurrency was acquired with local fiat, was announced at the Digital Bridge 2022 forum. In May of this year, regulators approved pilot regulations permitting crypto transactions in Kazakhstan, under certain conditions.

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