Kazakhstan is preparing to test a pilot project for the establishment and operation of cryptocurrency exchanges at the Astana International Financial Center (AIFC).
Kazakhstan government, in a statement made in current legislation that prevents the use of banking services to facilitate cryptocurrency activities announced changes.
The changes that have been made source of funds, nature of activities of AIFC participants and cooperation with relevant financial authorities If due care is taken in matters such as cryptocurrency activities to the realization will allow.
The government also announced At the Astana International Financial Center (AIFC) cryptocurrency exchanges establishment and operating for one pilot project Said they would test it. pilot projectcryptocurrency exchanges AIFC‘also local banks and government agencies with whether you can work collaboratively will show.
Kazakhistanto develop the non-banking financial sector of Middle Asia To create a financial center for 2018 opened in AIFCin, currently 1,046 registered companies exists.
Kazakhistan, ChineseIt had become an important region for the crypto industry as many miners moved their operations to the region after the pressures in . However 2021 Towards the end of the year, due to the turmoil in the country, power outages gave the miners a hard time.
Kazakhstan government, March within the scope of its fight against illegal operations in the country. 106 cryptocurrency miners ceased its activity.
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