meta_id 3314821

On July 7, 2026, President Kassym-Jomart Tokayev signed the Decree "On Measures to Stimulate and Develop the Digital Asset Industry in the Republic of Kazakhstan." The Astana International Financial Centre (AIFC), National Bank of Kazakhstan, Ministry of Artificial Intelligence and Digital Development, and relevant government authorities jointly developed the decree to create a favourable legal and economic environment for Kazakhstan's digital asset sector. The decree aims to enhance investment attractiveness, strengthen protections for market participants, and expand opportunities for participants in Kazakhstan's crypto industry. Renat Bekturov, AIFC Governor, said the decree reflects President Tokayev's emphasis on applying emerging technologies to Kazakhstan's economy and represents a new stage in the digital asset market's evolution. Key initiatives include recognising digital assets and tokenised securities issued under AIFC jurisdiction throughout Kazakhstan, creating a level playing field for issuers. The decree permits stablecoins issued by AIFC-licensed issuers for cross-border settlements related to export and import transactions by non-residents. A new mechanism allows restriction of individual client accounts rather than restricting bank accounts of digital asset service providers. The decree also introduces tax incentives to encourage transferring digital assets from foreign platforms to regulated Kazakhstani platforms and establishes a voluntary disclosure mechanism for previously acquired or mined digital assets transferred to regulated infrastructure. These measures aim to formalise the industry, consolidate users within regulated environments, and enhance client protection through mandatory standards for asset custody, cybersecurity, and risk management. The AIFC will actively participate in implementing the decree in cooperation with government authorities to support sustainable development of Kazakhstan's digital asset industry.