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Regulation of the crypto-mining sector in Kazakhstan with a new draft law

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According to the post ReportsThe lower house of the Kazakh parliament recently gave the green light for new bills that would bring additional regulations to the local crypto industry. The new law aims to introduce crypto mining rules, which require miners to create authorized entities and register with regulators. Of course, they will also be required to pay the appropriate taxes.

The government’s decision to tackle mining comes from the fact that Kazakhstan has grown into one of the largest mining centers in the world after miners were forced to leave China. However, the country has since seen a lot of so-called “grey mining”, in which miners carry out mining operations without the necessary license or registration with the government.

To combat this problem, the House of Representatives has approved five new bills that will focus on the mining sector and mining pools. According to one of the members of the Commission for Economic Reform and Regional Development, Ekaterina Smyshlyeva, the legislation will make it mandatory for miners to obtain a government permit and create legal entities in order to mine legally. They will also be subject to taxes.

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The new focus on crypto mining aims to make it legal and environmentally friendly

If the new framework becomes official, the import of crypto mining equipment will be blanket taxed as well. Miners will have to exchange up to 75% of the tokens they earn on local crypto platforms, although this rule will not come into effect until 2024. The reason for this is that transferring crypto transactions to Kazakhstani exchanges will make them transparent, as crypto exchanges are subject to Already for financial control.

Regarding the need to register mining equipment entering the country, the authorities hope to crack down on illegal data centers, and ultimately solve the problem of gray miners. Kazakhstan has seen a massive increase in cryptocurrency adoption, with more than a million residents already transacting with digital assets, most of which are on international exchange platforms. Now, the government intends to bring them all to the local platforms and do its best to keep the money circulating within the country.

This is not the first time that Kazakhstan has attempted to address the increase in mining within its borders. Just a few months ago, the country’s president, Kassym-Jomart Tokayev, signed a bill obligating miners to pay higher taxes than other consumers. The percentage they will have to pay is not fixed, and depends on several aspects, such as the price of the electricity used during mining.

This particular legislation was intended to encourage miners to mine using only green energy, as those who did would usually have to pay less.

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The best Filipino traders invest in cryptocurrency

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There are many projects on the blockchain – tens of thousands in fact. It can be difficult to choose which cryptocurrency to invest in. In this article we review one of the best cryptocurrencies that traders in the Philippines are investing in recently.

Dash 2 Trade was reviewed this month by Marvin Vavis, a top cryptocurrency influencer in the Philippines. This upcoming project is a crypto analytics platform, providing technical indicators and crypto signals.

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What is Dash 2 do you want?

Dash 2 Trading It is a crypto analytics platform created by traders and traders. Dash 2 Trade provides on-chain social analytics and trading signals to maximize your profits. Dash 2 Trade builds the most advanced crypto signals and analytics dashboard built by traders for traders. D2T token holders will get access to a full suite of crypto signals and analytics features to increase your trading opportunities. This includes social sentiment, on-chain measurement signals and cryptocurrencies backed by technical indicators and quantum developers.

As you can see the tweet below from the official Dash 2 Trade account, they are currently in the final stage of the pre-sale stage.

D2T is supported by a community of 70,000 traders, members of the Learn 2 Trade website a Crypto Signals Service.

How to buy D2T token

1. First, make sure you have a Metamask account ready (for mobile users, we recommend using TrustWallet instead)

2. Click the “Link Wallet” button to enable Dash 2 Trade to connect to your wallet. Once connected, you can buy D2T tokens using ETH or USDT. Simply choose the amount of D2T tokens you want to buy and click Transfer (make sure you have at least $30 in ETH to cover the gas fee).

3. After the pre-sale ends, you will be able to claim your D2T tokens. We will post details as soon as possible, but you will need to visit dash2trade pre-sale And click the Claim button.

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Dash 2 trading roadmap

  • Fourth quarter 2022 – venture capital
  • Website launch and pre-sale
  • backtester
  • Automated trader

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The Dash 2 Trade analytics panel runs on top of the Ethereum blockchain. The project’s original digital asset is a D2T token, which is ERC-20 compliant. D2T is a utility token that offers its holders a whole host of benefits, such as access to the Dash 2 Trade terminal and all the features discussed earlier. The total supply of D2T is 1 billion tokens. This represents the total fixed supply, so no additional token will be generated.

Token distribution

  • Private Sale – 3.5%
  • Public Selling – 66.5%
  • Liquidity – 5%
  • Talent Acquisition – 5%
  • Competition pool – 5%
  • Enterprise Growth and Development Fund – 15%

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  • Active pre-sale is live now – dash2trade.com
  • The original code for the crypto signals ecosystem
  • Know Your Customer verified and reviewed

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Budblockz, Tezos, and Decentraland Set to Be the Best Alternatives to Bitcoin for 2023

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As we move towards 2023, many investors are looking for the best cryptocurrencies to buy for high returns after this year’s cryptocurrency bear market. The guide covers the top cryptocurrencies you can invest in with analysis of historical prices, use cases, and more. So, keep reading to learn about the best cryptocurrencies you can invest in.

1. Tezos (XTZ)

Tezos is one of the most popular projects. The decentralized application hosting and smart contract platform enables peer-to-peer transactions. The XTZ symbol is also known as Tezzie or Tez. XTZ holders get tokens when they participate in the Proof of Stake consensus mechanism. Many analysts are optimistic about Tezos’ long-term prospects.

Tezos does not have a maximum supply, unlike most cryptocurrencies. This means that people hold it as an asset because of its interest. Thus, if cryptocurrencies have a valid use, their lack of limited supply can be inconvenient. Moreover, the rate of inflation may prompt people to buy their XTZ. It can make its network more secure.

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Approximately 80% of the XYZ in circulation is locked into storage mode. Thus, fewer tokens are in circulation. But the demand for cryptocurrencies is increasing.

Tezos is known for its fast and energy efficient blockchain technology that can support smart contracts. It is preparing to make a million transactions every second. The speed of this cryptocurrency transaction has led analysts to claim that it could eventually become a “cryptocurrency visa.”

Although NFT collaborations in the art world are all the rage right now, Breitman indicated that a big boost in the future could come from the world of decentralized finance and blockchain gaming.

She has signed deals with prestigious sports teams around the world, including the New York Mets and Manchester United. It has also partnered with McLaren and Red Bull Racing. It ensures that cryptocurrency is always top of mind with investments.

New projects, technology upgrades, pipeline projects on the blockchain, and new sponsorship deals give investors a compelling reason to invest in this altcoin.

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2. Decentralland (MANA)

It is a decentralized Metaverse token that facilitates the operation of the digital world. Users can buy and sell plots of land on the Decentraland platform. Cryptocurrency supports users who are interested in real-world payments, interactive applications, and P2P communications.

MANA, Decentraland’s original token, is used to purchase virtual land in the Metaverse region of Decentraland. Users can also purchase other services and goods with the token.

It is one of the best digital currencies that has gained a foothold in the metaverse space – the digital real estate project. Decentraland is an emerging and fast-growing space with growth potential to support the future of virtual reality. It’s exciting for many investors.

Currently, it is a metaverse related cryptocurrency which has become the investment of choice for many long-time believers in the industry. This is mainly because the cryptocurrency is positioning itself as the first virtual world owned by users. It is a free market economy in the new era. Decentraland is the leading metaverse space where its users offer real money exchange and real benefit. Metaverse-themed cryptocurrencies like this and their demand is on the rise.

3. BudBlockz (BLUNT)

BudBlockz is one of the upcoming cryptocurrencies that is still in the pre-sale stages. The platform has come up with several innovative developments to drive a unique market for the cannabis industry. It connects two rapidly growing industries: cannabis and cryptocurrency. The platform allows consumers to perform peer-to-peer transactions securely. BudBlockz has a diverse use case and will use blockchain technology to make sure to promote transparency and accountability in the marijuana industry.

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BudBlockz can help businesses and users take partial ownership of cannabis businesses and dispensaries. Moreover, the platform will enable users to buy or sell through a peer-to-peer model.

Besides providing a decentralized digital space for cannabis transactions, BudBlockz has several other innovative features, including the creation of a decentralized marketplace where users can purchase more than 10,000 Ganja Guruz NFTs. Those who purchase and hold this NFT will enjoy unique benefits, such as discounts on various marijuana products, partial ownership of dispensaries and farms, and membership in all BudBlockz dispensaries around the world.

BudBlockz is a decentralized exchange where you can use your BLUNT tokens to be part of the DeFi space and secure passive income. You can use your BudBlockz wallet to make easy payments simply with a button and participate in DeFi.

After its launch, early adopters can expect some big profits in the medium to long term.

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Altcoins are an excellent way to quickly increase your capital because, in a bull market, altcoins tend to outperform Bitcoin. The current prices of some altcoins may be better for sellers, but for buyers, it is an opportunity to snap up some tokens with great potential at bargain prices. So, expect market cycles to once again drive cryptocurrency higher in 2023, these altcoins can provide the best returns on your investment.

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Learn more about BudBlockz (BLUNT) at the links below:

Official Website: https://budblockz.io/
Pre-sale registration:: https://app.budblockz.io/sign-up
BudBlockz Community Links: https://linktr.ee/budblockz

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An all-in-one approach to building next-generation cryptocurrency investment platforms

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The ongoing FTX saga has injected more uncertainty into an already shaky market. If it wasn’t already obvious, even the largest centralized exchanges could fail. The problem is multifaceted. On the one hand, as in traditional finance, centralized institutions are only as good as the people who run them. When investors use services like FTX, they are putting their trust in the people who run the service. Unfortunately, History is full of examples of powerful people taking advantage of that trust.

On the one hand, cryptocurrency is still very new. The vast majority of cryptocurrency users are not well versed in all the technical foundations of how things work. For most digital assets are just an alternative means of investment, so the most suitable solutions are the most common.

However, given how young the industry is, it is going through a number of growing pains, to which even the most established platforms are subject. It may be the key to getting the ship right and protecting users as they navigate these new waters Educate them and provide them with as many tools as possible.

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Everything a user needs in one place

The combination of convenient, centralized services and streamlined DeFi offerings gives users access to the best of both worlds. Moreover, it is also important to complement the financial products offered by the platform with a diverse educational component.

The cryptocurrency space offers a wide variety of investment opportunities, however, users need to have a certain level of preparation before they can take advantage of these tools. This is why more and more financial service providers in the space are launching academies and educational arms to help their clients make smarter investments.

Understanding the tools in front of you that can help you achieve it is the first step to building a strong crypto portfolio. And especially in volatile times like the one the industry is going through right now, having the knowledge to navigate space is of the utmost importance.

Pioneering an all-in-one approach

The all-in-one approach to crypto is a proven way to give users access to all kinds of tools and financial resources that they need to build a solid portfolio of assets. This is the approach I took ClearCryptosan integrated digital currency platform that aims to meet all investment needs of users – from a variety of investment tools, through an educational and analytical platform to support sound investment logic.

In terms of financial services, ClearCryptos has aggregated 50 different platforms that all perform different functions. Each platform has been thoroughly vetted before it is integrated into the service and offered to users. By curating projects that deserve its user base and bringing unique value to the service, ClearCrypto has been able to kill two birds with one stone, by giving users convenience without forcing them to sacrifice security. These mergers also bring the full suite of products offered by ClearCrpyots, including token swaps and entry and exit ramps.

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But ClearCryptos hasn’t made a name for itself just because of the strength of the financial services it provides. Key to the success of the project was building a comprehensive learning platform so that its users not only have a wide range of options available to them, but also can fully understand what they are involved in and make decisions that protect and benefit themselves. . With a rich library of educational videos, tutorials, and details of the latest happenings in crypto, ClearCryptos offers a comprehensive overview of the entire space for investors who are just starting out.

In terms of convenience, the service has a number of official platforms that allow its user to easily deposit funds in their native currencies into the platform as well as withdraw it back to their bank accounts. These paper ramps are linked to ClearCryptos Swap, a decentralized pool swap mechanism which also offers reduced transaction fees to anyone holding CCX, the native token of the ClearCryptos platform. ClearCryptos is the only service of its kind that offers a decentralized system on ramps and fiat ramps for US residents. This is made possible by the project’s pioneering partnership with Plaid, Silia KYC, and Evolve Bank.

The importance of education and analytics

On the analytics side of things, ClearCryptos has developed its own in-house platform. ClearCryptos Analytics Dubbed the “Google of crypto,” it provides a wealth of information that is easy to digest and applicable to users of all experience levels. The platform was able to launch thanks to a strategic partnership with TradingView, a leader in analyzing market trends and price action.

All of these tools and services are complemented by a library of comprehensive learning materials that includes over 400 videos and many frequently asked questions and how-to concepts. With this wealth of resources, ClearCryptos has tried to deliver on its mission to make sure that its users not only have all the tools they need, but that they know how to use them safely and to their advantage.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim to provide you with all the important information we can obtain, readers should do their own research before taking any actions regarding the company and take full responsibility for their decisions, and this article cannot be considered investment advice.



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