Kazakhstan plans to become one of Eurasia’s leading crypto hubs, positioning itself as a secure and transparent jurisdiction for digital assets. The government is steadily integrating crypto into the financial system, bringing what was once a grey market under state oversight.
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In January, President Kassym-Jomart Tokayev formally recognised digital assets as part of the economy, enacting a comprehensive framework that legalises, regulates and clearly defines the sector.
But the road has not been smooth.
The country introduced sweeping rules as early as 2023 to curb illegal mining…
