Officials said the bank may start allocating funds to crypto-related equities and ETFs as early as April.
Kazakhstan News
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The platform enables enterprises to use programmable stablecoins for payments and treasury while outsourcing custody, compliance and settlement.
2447 - News
Kazakhstan’s President Kassym-Jomart Tokayev signed new laws creating licensed crypto exchanges and giving the central bank authority to approve tradable coins.
2723 - Spotlight
In Almaty, central bankers and fintech builders leaned into regulation, pilots and scale.
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Turkmenistan has started the year with a bang, with new laws legalizing the operation of crypto exchanges and crypto miners kicking in on Thursday.
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The government is reportedly considering converting part of its sovereign wealth and gold holdings into digital assets, signaling the rise of crypto as a state-level asset class.
7474 - Explained
A sovereign crypto fund surprised markets by making its first investment in BNB, rather than Bitcoin. This is a big, bold move in Kazakhstan’s strategy.
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Despite Kazakhstan’s public pro-crypto stance, the volume of crypto platforms engaged in illicit financial schemes and closed down increased in 2025.
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Kazakhstan is advancing a dual model by piloting its digital tenge CBDC alongside the Evo stablecoin as part of its push to become a crypto hub.
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Kazakhstan launched the Alem Crypto Fund, a state-backed vehicle for long-term digital asset reserves, debuting with a BNB purchase in partnership with Binance Kazakhstan.
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The new Solana-based Evo stablecoin pegged to Kazakhstan’s national currency, the tenge, aims to bridge the crypto market with traditional finance.
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The president announced his “CryptoCity” plans would be developed in Alatau, while the government would move forward to create a strategic crypto reserve with “promising assets.”
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Crypto exchange Bybit has become the first crypto exchange to debut stablecoin payments for regulatory fees in Kazakhstan’s AIFC.
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The growing role of platforms like BitGo in spot Bitcoin products worldwide is a double-edged sword, according to market observers.
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Kazakhstan’s central bank is drawing on lessons from Norway, the US and Middle East in developing its crypto strategy.
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