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Kazakhstan is preparing to launch a state-run crypto reserve as the National Bank of Kazakhstan confirmed plans to create a national crypto reserve. The fund will likely be made of seized digital assets and government-linked mining operations. The announcement came from the government news agency Kazinform on 25 June 2025. National Bank Chairman Timur Suleimenov … Read more
Key Takeaways Kazakhstan’s National Bank plans to launch a centrally managed crypto asset reserve subject to new legislation. Crypto trading in Kazakhstan is only allowed on licensed exchanges, with strict controls enforced by local banks. Share this article Kazakhstan’s National Bank is actively developing a framework to establish a crypto-asset reserve, following a proposal from … Read more
Kazakhstan President Kassym-Jomart Tokayev called for an urgent expansion of the country’s crypto infrastructure during a government meeting. “The turn towards the widespread use of cryptocurrencies and other digital assets has emerged in the financial sector,” President Tokayev said on 28 January 2025. “The development of artificial intelligence is becoming a fundamental factor, and competition … Read more
Mastercard has launched Crypto Credential solution for the people of UAE and Kazakhstan in the EEMEA region. Cumbersome and complicated blockchain addresses have finally been relegated to the crypto graveyard. Why remember blockchain addresses when you can send and receive cryptocurrencies using simple aliases? This game-changing tech, built through partnerships with exchanges like ATAIX Eurasia, … Read more
Kazakhstan, a prominent player in the global cryptocurrency mining sector, implemented stricter regulations on crypto activities throughout 2024. According to the government website, in 2024, 36 illegal crypto exchanges were shut. A total turnover of 60 Billion Tenge were destroyed. Furthermore, assets in the amount of $ 4.8 million (about 2.5 Billion Tenge) were frozen and … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Vladimir Putin has apologised to Azerbaijan for what he described as a “tragic incident” involving an Azerbaijani aircraft in Russian airspace on Christmas Day. Moscow phoned Azerbaijani president Ilham Aliyev and the Russian president expressed … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An Azerbaijan Airlines flight carrying 62 passengers and five crew has crashed while making an emergency landing at a Kazakhstan airport, with 29 survivors, including two children, taken to hospital. Videos on local media showed … Read more
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