Kazakhstan National Bank plans to regulate the crypto industry
The National Bank of Kazakhstan has established legislative amendments to regulate digital asset turnover in the region.
According to the Deputy Governor of the National Bank of Kazakhstan, cited by Kazinform News Agency, the initiative falls in line with the President’s directive, with the financial institution and government agencies jointly developing a suite of legislative amendments specifically for creating a legal framework for digital asset turnover.
Kazakhstan’s push for regulatory control in the crypto industry
The amendments are set to be comprised of two blocks, including one aimed at the rollout of digital financial assets with the determination of legal status and the second focused on the launch of…
