Kazakhstan eyes crypto banks to boost digital asset ecosystem: report
Kazakhstan is exploring the creation of crypto banks as part of its effort to build a robust digital asset ecosystem.
The proposed institutions would offer services like digital asset exchange, storage, and transaction support in a regulated framework, according to The Astana Times.
This sentiment was expressed by Prime Minister Olzhas Bektenov in a response to Parliament on April 25.
These functions are already being partially handled by entities under the Astana International Financial Centre, including cryptocurrency exchanges, custodians, brokers, and digital asset platform operators.
The government aims to expand these capabilities through upcoming legislative amendments designed to liberalize the…
