• 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 Crypto

Kazakhstan’s Central Bank to License Crypto-Fiat Exchanges Under New Regulatory Framework

22 May 2025
in Crypto, News
Reading Time: 3 mins read
106 4
source: think.ing.com

source: think.ing.com

Kazakhstan is moving to tighten oversight of its crypto industry by introducing licensing for digital asset exchanges that convert cryptocurrencies to fiat.

The country’s central bank will spearhead this effort as part of new national regulations to bring transparency and legal structure to crypto-related activities.

Yerlan Ashykbekov, who heads the payment systems department at the National Bank of Kazakhstan, revealed the development during a recent media briefing. He said a new class of market participants — crypto exchange service providers — will be formally recognized and required to operate under a license issued by the National Bank.

Source: Asiaplustj

These licensed entities will be authorized to carry out crypto-to-fiat exchange operations, with the central bank determining which digital currencies can be traded. Ashykbekov also noted that platforms issuing and circulating digital financial assets, including stablecoins, will fall under the central bank’s supervisory authority.

While crypto exchanges based in the Astana International Financial Centre (AIFC) will remain under a separate regulatory regime, the government plans to integrate AIFC platforms with the broader network of licensed operators under the new framework.

This regulatory overhaul comes in response to repeated calls from President Kassym-Jomart Tokayev, who has urged officials to build a robust legal infrastructure for the crypto sector. During a government session in January, Tokayev emphasized the need to shift Kazakhstan’s crypto activity out of the shadows, as many users still operate in legal ambiguity.

Additionally, 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. 

The new rules mark a significant step toward legitimizing Kazakhstan’s crypto economy and aligning with the government’s broader push to modernize financial services while ensuring regulatory compliance.

 

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: Kazakhstan
Share64Tweet40Share11
Favour Okosodo

Favour Okosodo

Experienced web content writer with a strong command of SEO, specializing in creating concise, engaging content that drives traffic and enhances conversions across diverse industries.

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