The regulation of cryptocurrencies in Kazakhstan


Of all the Central Asian countries, Kazakhstan and Uzbekistan are the most advanced in regulating cryptocurrencies.

In Kazakhstan, the regulatory framework for trading and mining cryptocurrencies is currently being actively developed.

For now, the digital asset is not a means of payment and all transactions are only carried out through exchanges registered with the Astana International Financial Centre.

In order to avoid risks to the financial system, Kazakh crypto-exchanges are being developed, and a special regulatory procedure similar to securities has been introduced for secured assets.

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