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08 October, 2022

Cryptocurrencies change the structure of the economy

At the meeting of the President of Kazakhstan and the Minister of Energy of the country, the issue of regulating digital currency mining was affected. Earlier it was already known that Kazakhstan is moving towards the legalization and regulation of digital assets.

The head of state primarily asked the minister about the measures that the Ministry of Energy conducts the suppression of unauthorized consumption of electricity with miners. According to the assurances of the Minister of Energy, the actions to identify points of unauthorized production of cryptocurrency do not stop.

The head of state seriously criticized the vice of ministers in digital technologies, noting the country's lag in the pace of this process. As we already wrote in Kazakhstan, there is an experiment on the introduction of national digital currency.

As for the digital currency of Russia, experts are quite pessimistic in forecasts: there is an opinion that in the case of the introduction of a digital currency for three years, about 9 million rubles can convert into a new monetary form. About 55% of this amount of money from personal accounts, the rest of the corporate. In such a situation, the Central Bank will be forced to compensate for the outflow by the bank, otherwise they will not be able to carry out payments and calculation operations, says the Center for macroeconomic analysis and forecasting.

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