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Kraken Eyes Kazakhstan Market After Country Tightens Crypto Rules

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Kazakhstan went from hosting nearly one-fifth of the world’s bitcoin (BTC) mining activity in 2021 to tightening oversight of its cryptocurrency industry. Now, Kraken’s parent company, Payward, is preparing to enter the Central Asian market. On Thursday, the company announced in-principle regulatory approval for its Kazakhstan subsidiary, potentially opening the door to cryptocurrency trading, investment…