【Breaking! Kazakhstan Central Bank Announces Launch of 'Crypto Card', Direct Conversion to Fiat Currency for Daily Transactions!】
Traditional finance and on-chain assets have finally shaken hands successfully in reality!
The National Bank of Kazakhstan has officially launched a pilot project for the 'Cryptocurrency Card', allowing users to use licensed digital wallets where crypto assets are automatically converted to fiat currency during consumption, with instant settlement and seamless merchant payments!
Supported Banks: All five major players - Halyk, Jusan, Freedom, RBK, and Altyn - are on board.
Integration Behind: AIFC-regulated infrastructure connects to the exchange system, achieving a closed loop from on-chain to real-world payments.
The goals go far beyond this —
Next up:
A state-supported stablecoin settlement system
Tokenization of financial assets (such as equity securities)
Development of a DeFi framework using crypto assets as collateral
The Governor of the National Bank, Timur Suleimenov, publicly stated: “Kazakhstan is committed to becoming a global leader in regulated crypto finance!”
On-chain payments in reality are not just a slogan for the future; they are being realized. The AIFC has already become the crypto heart of the Eurasian continent.
Brothers, the next wave of opportunities lies within these global-level policy dividends; the true landscape must keep a close eye on these signals!
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