The digital tenge has been used for everything from free school lunches to tokenizing gold, and there’s more to come.
Kazakhstan News
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A Seattle district court ruled out CZ’s departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do Kwon’s extradition.
11464The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering.
4958The chairman of the National Payment Corporation unveiled the plastic card, tied to the CBDC account.
6416The authorities cited the Law on Digital Assets, enacted in February 2023, that forbids the issuance and trading of digital currencies and crypto exchange operations without a national license, according to reports.
3180Eight major cryptocurrency mining operators signed an open letter to the President of Kazakhstan, Kassym-Jomart Tokayev.
4442The National Payment Corporation will be responsible for the development of “digital financial infrastructure,” including the implementation of the digital tenge.
6917Amid growing regulatory uncertainty in the West, several crypto platforms have shifted their focus toward the Asia–Pacific region.
8184The cryptocurrency exchange received “in-principle” approval to operate in Kazakhstan at the Astana International Financial Centre.
6375Crypto miners paid millions of dollars in energy fees last year following the regulation of mining activities.
7000A new law signed by Kazakh President Kassym-Jomart Tokayev on Feb. 6 reinstated the nation’s stand against the unlawful mining operations and issuance of crypto assets.
13932The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment.
7854The Astana Financial Services Authority, a Kazakh regulator, pointed out that the existing framework dates back to 2018 while proposing certain enhancements.
3131Kazakhstan’s central bank recommended making the in-house CBDC available as early as 2023 with a phased expansion of functionality and introduction into commercial operation until the end of 2025.
11358Officials in Kazakhstan continue their close relationship with Binance, as the National Bank plans to integrate its CBDC on the BNB Chain.
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