Kazakhstan to Legalize Crypto Exchanges with New Licensing Framework!

🇰🇿⚖️💱

Big moves from Central Asia! Kazakhstan is set to legalize cryptocurrency exchange services via a new licensing system, according to PANews.

Here’s what’s coming:

🔐 Licensed exchanges must implement:

Risk management systems

User interaction rules

Asset protection mechanisms

✅ Only approved cryptocurrencies will be tradable — list to be published by the Central Bank.

What’s changing?

Until now, only platforms within the Astana International Financial Centre (AIFC) could operate legally.

New laws aim to integrate dual regulations and expand access.

Miners must sell 75% of their output via AIFC platforms.

New Market Opportunities:

📊 Kazakhstan will support secured digital assets, including:

1. Fiat-backed stablecoins

2. Digital certificates tied to financial instruments

3. Tokenized stocks & bonds

🧪 Plus: A regulatory sandbox for testing digital asset innovations is in the works!

Kazakhstan is building a serious digital economy foundation. Will others follow?

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