Kazakhstan Passes New Laws to Regulate Crypto, Digital Assets, and Fintech
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- Kazakhstan passes new laws recognizing digital assets and opening its crypto market.
- Licensed crypto exchanges will operate under central bank oversight and AML rules.
- Banks gain approval to expand into fintech, AI, and digital payments infrastructure.
Kazakhstan has moved to open up its crypto market after President Kassym-Jomart Tokayev signed two new laws to modernize the banking sector and bring digital assets into the country’s financial system.
The new laws update banking rules and officially recognize digital assets as part of the economy. Officials say the goal is to support fintech growth, encourage innovation, and make Kazakhstan a regional hub for digital finance.
Digital Assets Get Legal Status
The legislation introduces digital financial assets (DFAs) as a new, regulated asset class. DFAs are split into three types:
- Assets backed by fiat mo…
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