The Bitcoin market of Kazakhstan is a newborn in the industry. In fact, it could hardly be called a market yet, as it consists of only a couple of enthusiasts working hard to promote Bitcoin and the Blockchain among the Kazakh people. Recently the first Bitcoin ATM was installed in Kazakhstan and in 2016 Kazakh enthusiasts plan to create a Bitcoin Foundation in the country.
Boris Komarov is such enthusiast and a head of the First BitcoinCT r: 8 Center in Kazakhstan. He told CoinTelegraph about the current situation in the Kazakh crypto market and also shared his plans for further development of the market in 2016.
CoinTelegraph: How many companies work in the Bitcoin industry at the present time? Are there any companies that accept Bitcoin payments?
Boris Komarov: There are several companies in the industry. And there are also 3 online shops and a lawful agency that accept Bitcoin payments . The First Bitcoin Center also accepts Bitcoin donations . You can check Bitcoin Map for more details.
CT: What problems are faced by crypto companies in Kazakhstan? Is it difficult to solve those problems?
BK: Actually, there are no problems as there are only a few Bitcoin businesses in the country. Though, there is a Bitcoin ATM which could be considered as business as well. And that ATM’s owner is obliged to pay a 3% tax to the government . It could not be called a serious problem but I don’t really understand why it is taxed.
The owner has his interest in Bitcoins and Kazakh government has no proper regulations for cryptocurrency . Moreover, it has no clear status in the country’s legislation. So I don’t think it’s appropriate to charge Bitcoin ATM without having defined its place by the law . CT: Could you […]
