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Tuesday, March 8, 2011

Kazakhstan passed electronics money

Tuesday, March 8, 2011
Kazakh Parliament approved a law on the use of electronic money. The law of electronic money transactions can be done in one day more than 5 thousand dollars.

Parliament of Kazakhstan, in Kazakhstan for the first time put into practice the concept of electronic money has approved the first interview about the law. Electronic Money Act of Parliament members with information related to the Vice President of the Central Bank of Kazakhstan Bisengali Tadjiyakov, emission of electronic money be made by commercial banks, he said.

The law, for security reasons in Kazakhstan with the electronic money equivalent to adaily amount of the transaction provides for more than 5 thousand dollars.

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