• About Us
  • Careers
  • Contact
No Result
View All Result
Thursday, October 30, 2025
DeFi Planet
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
  • News
    • People
    • Business
    • Crime
    • Regulation
    • Crypto
    • CBDC
  • Markets
    • Bitcoin
    • Ethereum
    • Stablecoins
    • Altcoins
    • Crypto ETFs
    • Memecoins
  • Policy
  • Articles
    • Press Releases
    • Opinion
    • Explainers
    • Guest Post
    • Sponsored
  • Directory
    • Companies
    • People
    • Products
    • Wallets
  • Multimedia
    • Videos
    • Podcasts
  • Learn
    • DeFi Basics
    • Tutorials
    • Reviews
    • Blockchain Fundamentals
  • Research
    • Case Studies
  • Explore
    • DeFi
    • Crypto Gaming
    • NFT
    • DAO
    • Metaverse
    • Glossary
  • Jobs
  • Markets Pro
    • DeFi Planet Pro
    • Spend Crypto
    • Swap Crypto
    • Coin Prices
    • Crypto Exchanges
    • Crypto Analyzer
No Result
View All Result
DeFi Planet
No Result
View All Result
Home News

Kazakhstan Aims to Become Central Asia’s Crypto Hub with Regulatory Reforms

14 May 2025
in News
Reading Time: 3 mins read
105 5
Kazakhstan Aims to Become Central Asia’s Crypto Hub with Regulatory Reforms

Source: The PIE News

Kazakhstan is positioning itself to become the leading cryptocurrency hub in Central Asia by easing regulatory restrictions and fostering blockchain innovation, according to Kanysh Tuleushin, the country’s first vice minister of digital development, innovation, and aerospace industry.

In a recent op-ed, Tuleushin highlighted that lifting restrictions on digital asset trading nationwide could significantly boost the economy and add hundreds of billions of tenge to the national budget.

Signing in Kazakhstan ????????

Left to right: CZ, President of Kazakhstan Kassym-Jomart Tokayev, Minister of Information Technology Bagdat Mussin

(Photo was from a while ago.) pic.twitter.com/Antvri8J5A

— CZ ???? BNB (@cz_binance) June 22, 2023

Tuleushin advocates for comprehensive crypto regulations, including legalising digital asset trading across Kazakhstan, establishing transparent exchanges, and deploying legal crypto ATMs. He believes these measures will attract investment and stimulate growth in the sector.

A key element of Kazakhstan’s strategy involves integrating crypto mining with the country’s energy infrastructure. Tuleushin pointed out that, similar to models in the United States, crypto miners could help stabilise the power grid by consuming surplus energy. The government’s 70/30 energy initiative allows foreign investors to upgrade thermal power plants, with 70% of the energy supplied to the national grid and 30% allocated to miners. Additionally, the plan includes using associated petroleum gas from oil fields to power mining data centers, reducing emissions and generating revenue for oil producers.

Kazakhstan’s crypto mining industry has already contributed $34.6 million in taxes over the past three years. The government has registered 415,000 mining machines, issued 84 licenses, and accredited five mining pools. Crypto trading on the Astana International Financial Centre (AIFC) exchange surged from $324 million in 2023 to $1.4 billion in 2024, with new regulations requiring miners to sell 75% of mined assets through AIFC platforms starting in 2025.

Despite these advances, much of Kazakhstan’s crypto trading remains unregulated outside the AIFC, with an estimated $4.1 billion turnover in 2023 occurring beyond government oversight. Authorities have shut down 36 illegal exchanges and frozen $4.8 million in assets in 2024, also disrupting two Ponzi schemes.

Kazakhstan is also developing a central bank digital currency (CBDC), the digital tenge, with a pilot launch planned for 2025. The country’s crypto-friendly stance aligns with regional trends, as neighbouring Uzbekistan and Kyrgyzstan also promote digital asset adoption. Notably, Binance recently signed an agreement with Kyrgyzstan to introduce crypto payment infrastructure and blockchain education.

Kazakhstan’s regulatory reforms and energy integration plans could establish it as Central Asia’s premier crypto hub, attracting investment and fostering innovation in the blockchain space.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.

“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”

Tags: Central AsiaCryptoKazakhstan
Share64Tweet40Share11
Bobby Okposin

Bobby Okposin

Related Posts

source: cryptorank.io
Bitcoin

Jiuzi Unveils $1B Bitcoin Treasury with SOLV for Institutional DeFi Expansion

30 October 2025
source: blockchainmagazine.net
Crypto

Tron Network Sees Record Transaction Surge as Retail Adoption Soars

30 October 2025
source:  ng.investing.com
Blockchain

Securitize Partners with BNY Mellon to Launch On-chain AAA-Rated CLO Fund

30 October 2025
source: metabora.io
Gaming

METABORA GAMES Launches Web3 RPG to Expand BORA Token Utility

30 October 2025

Editors Picks

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

Mining vs. Staking: Which Crypto Validation Method Will Shape the Future?

byOlajumoke Oyaleke
15 July 2025
0

Where Are the Ethereum-Killers Now?

Where Are the Ethereum-Killers Now?

byOlayinka Sodiqand1 others
6 January 2025
0

source: investorplace.com

How to Find the Newest Cryptocurrencies Before They’re Listed

byOlayinka Sodiq
30 December 2024
0

Exploring the Role of AI in Enhancing DeFi Security

Exploring the Role of AI in Enhancing DeFi Security

byOlayinka Sodiq
1 October 2024
0

The Ultimate Guide to How NFT Royalties Work

The Ultimate Guide to How NFT Royalties Work

byAdedamola Ojedokun
17 April 2024
0

Read More

Chain of Thoughts

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

The Aesthetics of Web3: Why Vibe Matters in Decentralized Communities

byOlu Omoyele
27 September 2025
0

...

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

Zero-Knowledge Everything: Trust, Privacy, and Verification in the Digital Age

byOlu Omoyele
30 August 2025
0

...

What Happens When AI Gets a Wallet?

What Happens When AI Gets a Wallet?

byOlu Omoyele
31 July 2025
0

...

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

The Game-changing Triumvirate: Blockchain, Data Science, and Artificial Intelligence

byOlu Omoyele
30 June 2025
0

...

Markets Update

Can Confidential Lending Unlock Trillions for DeFi Markets?

2 days ago

Impact of Large Ethereum Validator Exits on ETH Price

2 days ago

Leading Asset Classes in the On-Chain Real-World Asset Tokenization Trend

2 days ago

KuCoin Pay Partners with Swapped Connect to Streamline Direct CEX Payments for Web3 Users

2 days ago

Are Ethereum-Based Treasuries Emerging as the Berkshire Hathaway of Crypto?

5 days ago

Is the Crypto Market Now Majorly Driven by Institutions?

5 days ago
Read More

Events

  • No events
  • Spotlight

    All about Ethereum
    All about Algorand
    All about Bitcoin
    All about Gora

    Press Releases

    NOWPayments Launches $0 USDT (TRC20) Network Fee Offer for New Partners

    bychainwire
    30 October 2025
    0

    Jiuzi Holdings Launches $1 Billion Bitcoin Treasury with SOLV to Drive Institutional Yields and RWA Innovation

    bychainwire
    30 October 2025
    0

    Hetu 3.0 – Deep Intelligence Money – Turning verified intelligence into liquid capital

    bychainwire
    30 October 2025
    0

    Bybit’s bbSOL Gains Institutional Custody Support from Anchorage Digital, Reinforcing Its Institutional-Grade Standing

    bychainwire
    30 October 2025
    0

    Whale.io Confirms First Airdrop for Crock Dentist NFT Holders

    bychainwire
    29 October 2025
    0

    Read More

    ADVERTISING

    ABOUT

    TEAM

    CAREERS

    CONTACT

    TERMS & CONDITIONS

    PRIVACY POLICY

    © Copyright 2025 DeFi Planet

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • News
      • People
      • Business
      • Crime
      • Regulation
      • Crypto
      • CBDC
    • Markets
      • Bitcoin
      • Ethereum
      • Stablecoins
      • Altcoins
      • Crypto ETFs
      • Memecoins
    • Policy
    • Articles
      • Press Releases
      • Opinion
      • Explainers
      • Guest Post
      • Sponsored
    • Directory
      • Companies
      • People
      • Products
      • Wallets
    • Multimedia
      • Videos
      • Podcasts
    • Learn
      • DeFi Basics
      • Tutorials
      • Reviews
      • Blockchain Fundamentals
    • Research
      • Case Studies
    • Explore
      • DeFi
      • Crypto Gaming
      • NFT
      • DAO
      • Metaverse
      • Glossary
    • Jobs
    • Markets Pro
      • DeFi Planet Pro
      • Spend Crypto
      • Swap Crypto
      • Coin Prices
      • Crypto Exchanges
      • Crypto Analyzer

    © Copyright 2024 DeFi Planet   |   Terms & Conditions   |   Privacy Policy

    -
    00:00
    00:00

    Queue

    Update Required Flash plugin
    -
    00:00
    00:00