Electronic Money Exchange Monitor

Halyk Bank or Kazakhstan People's Bank is the largest full-service bank of the Republic of Kazakhstan. The bank offers a broad range of services to retail or corporate customers, small or medium enterprises.

Tether is a system using blockchain technologies to convert cash to/from digital money while anchoring or tethering the value of its cryptocurrencies to the price of national currencies such as US dollar, euro, etc. An automatic proof of reserves process for money deposited in the Tether system is a nice and efficient alternative to traditional proof of solvency methods for electronic wallet holders.