Kazakhstan is negotiating the opening of offices of blockchain TON, stablecoin Tether and Google in the republic, the press service reported of the President of Kazakhstan Kasim-Jomart Tokayev after his visit to the international center for artificial intelligence Alem.AI.
"The head of state was told about the activities of TikTok and Netracker in Kazakhstan. Thanks to tax preferences, visa support and other favorable conditions, foreign companies and IT professionals become part of the Astana Hub ecosystem. Negotiations are currently underway to locate the offices of Telegram, TON, Tether, Google, EPAM and other representatives of the global IT industry to carry out research projects and develop new products, the announcement said.
On October 14, the Ministry of Digital Development, Innovation and Space Industry announced that they had begun negotiations to open a Telegram office. According to the department, an agreement has already been reached to appoint a representative of the company and open an office, Republican authorities are cooperating with the company “to quickly remove inappropriate content and block destructive channels”.
EPAM is a design software developer and one of the leading IT consulting players in Central and Eastern Europe.
The Open Network (TON) is a third-generation Proof-of-Stake blockchain originally developed in 2018. by the brothers Pavel and Nikolay Durovi, founders of the Telegram messenger. It was later transferred to the TON open community, which has been maintaining and developing the project ever since. TON cryptocurrency is also developing.
Tether is a company that issues a cryptocurrency token that is pegged to the US dollar. Such cryptocurrencies pegged to the price of real money or goods are called stablecoins.
