Kazakhstan president signs decree to accelerate crypto adoption
Kazakhstan is expanding its crypto sector with a new decree signed by President Kassym-Jomart Tokayev to build a regulated digital asset market. The policy, developed with the digital ministry, central bank, and Astana International Financial Centre, aims to give crypto businesses and investors clearer rules. It allows stablecoins and other digital assets to be used in cross-border payments, supports moving activity from foreign unregulated platforms to licensed domestic providers, and offers tax incentives, including a proposed personal income tax exemption for regulated crypto income. The decree also opens new energy options for mining by allowing associated petroleum gas and natural gas to power autonomous electricity generation, including for digital mining. It further promotes tokenized financial instruments and trading infrastructure as Kazakhstan seeks to attract global crypto capital and expertise.
