Latest News and Articles about Kazakhstan
Kazakhstan’s CryptoCity: Blockchain Pilot or Centralized Overreach?
Kazakhstan’s CryptoCity Pilot Zone: Blockchain Breakthrough or State Overreach? Kazakhstan has dropped a bombshell in the crypto world with the unveiling of “CryptoCity,” a pilot zone designed to test digital assets in real-life transactions. Announced by President Kassym-Jomart Tokayev at the Astana International Forum 2025, this bold experiment could reshape blockchain adoption in Central Asia—or […]
Read MoreKazakhstan Aims for Digital Asset Hub Status, Thailand Launches G-Token for Retail Investors
Kazakhstan and Thailand Forge Ahead in Digital Asset Innovation Kazakhstan aims to become Central Asia’s digital asset hub, lifting trading restrictions and implementing favorable policies, while Thailand plans to issue G-Token, tokenized government bonds aimed at retail investors. Kazakhstan targets Central Asia’s digital asset hub status. Thailand introduces G-Token for retail investors. Both initiatives reflect […]
Read MoreKazakhstan Lawmaker Proposes National Crypto Bank to Tackle 90% Illegal Transactions
Kazakhstan Lawmaker Proposes National Crypto Bank to Combat Illegal Transactions Kazakhstan’s lawmaker Azat Peruashev has proposed the establishment of a “national crypto bank” to combat the rampant illegal cryptocurrency transactions within the country, aiming to integrate into the global crypto economy. Proposal for a national crypto bank in Kazakhstan Aims to combat high rates of […]
Read MoreKazakhstan MP Proposes Crypto Bank to Regulate 90% Gray Market
Kazakhstan MP Proposes Crypto Bank to Regulate Massive Gray Market Kazakhstan is taking bold steps to regulate its sprawling cryptocurrency gray market, with a parliament member proposing the establishment of a “crypto bank.” This move aims to bring 90% of currently unregulated crypto operations into a legal framework. 90% of crypto operations in Kazakhstan are […]
Read MoreKazakhstan’s Crypto Crackdown: 36 Illegal Exchanges Shut Down, CBDC Launch Planned
Kazakhstan’s Bold Move to Legitimize Cryptocurrency With over 95% of its crypto investors operating outside regulated platforms, Kazakhstan is taking decisive steps to transform its digital asset landscape. President Tokayev pushes for urgent crypto infrastructure expansion Only 5% of investors use regulated platforms 36 illegal exchanges shut down, 3,500 sites blocked in 2024 President Kassym-Jomart […]
Read MoreKazakhstan Jails Crypto Exchange Operators, Seizes $750K in Assets Amid Crackdown
Kazakhstan Court Jails Crypto Exchange Operators as Crackdown Intensifies In a significant move, a court in Kazakhstan has sentenced three operators of an unlicensed cryptocurrency exchange to prison terms of 2.5 to 3.5 years, signaling the country’s ongoing efforts to regulate the crypto industry. This action comes as part of a broader crackdown on illegal […]
Read MoreMastercard’s Crypto Credential Launches in UAE, Kazakhstan: Simplifying Blockchain Transactions
Mastercard Launches Crypto Credential in UAE and Kazakhstan: Simplifying Blockchain Transactions Mastercard has rolled out its Crypto Credential solution in the UAE and Kazakhstan, aiming to streamline cryptocurrency transactions by allowing users to use aliases in place of complex blockchain addresses. This initiative marks the company’s first expansion into the EEMEA region (Eastern Europe, Middle […]
Read MoreKazakhstan Blocks 3,500+ Illegal Crypto Exchanges in Regulatory Crackdown
Kazakhstan’s Crackdown on Illegal Crypto Exchanges: A Balancing Act In a bold move to combat financial crime, Kazakhstan has blocked over 3,500 illegal cryptocurrency exchanges, signaling a stringent regulatory approach that reflects both the country’s ambition to become a crypto hub and its commitment to curbing illegal activities. Over 3,500 illegal crypto exchanges blocked 36 […]
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