The President of Kazakhstan, Kasım Cömert Tokayev, announced that they are ready to approve a system that will enable the conversion of cryptocurrencies to fiat currencies if there is demand.
Kasim Genert Tokayev Digital Bridge 2022 International ForumIn his speech in Kazakhstan, digital technologies, digital asset ecosystem and regulated mining in the field an international leader He said he wanted to be. Also at the Astana International Financial Center a system to convert cryptocurrencies to fiat currencies announced that it is preparing changes in the laws to legalize it.
According to local media reports, one of the country’s leading banks Eurasia Bank and Intebix, First cryptocurrency purchase with fiat currency announced that they were jointly completed. Action, peer It is considered as an important factor in Kazakhstan’s legalization of cryptocurrency. turning point it happened.
operating in the country ATAIX as well as crypto money exchanges such as Kazakhstan’s leading banks At Halik Bank and Altın Bank took part in the pilot project.
President Tokayev made the following statements on the subject:
We are ready to go further in the digital asset sector. If there is more demand for this financial instrument and doubts about its safety are cleared, it will be fully legalized.
Developments Due to the massive entry of thousands of Russians into the country due to the declaration of partial mobilization by Russia. shortly after came.