PANews reported on February 8 that Kazakh President Tokayev signed legislation that will limit the use of energy by crypto miners in the country, according to a statement released on the presidential website. The new law requires miners to use the national grid only when there is a surplus of electricity, effectively limiting the industry's energy use. Excess electricity will be allocated to licensed operators, who will bid for electricity. Miners who use renewable energy, import electricity, or generate their own electricity will not be affected by this cap. The bill also stipulates that miners must obtain a license issued by the relevant authorities and makes some adjustments to the tax system for the industry. In addition, the government will approve a list of mining pools that miners can use and force miners to sell the cryptocurrencies they mine to cryptocurrency exchanges registered in the country's special economic zone, the Astana International Financial Center. By 2024, miners must sell half of their cryptocurrencies to such exchanges, and by 2025, the figure will reach 75%.