#CryptoStocks

Kazakhstan to launch "CryptoCity," an experimental area where cryptocurrencies can be used to pay for goods, services, and more.

President Kassym-Jomart Tokayev announced this during the Astana International Forum 2025, according to a statement issued on May 29 on the president's official website.

Kazakhstan plans a legal framework for CryptoCity, the cryptocurrency city in Alatau.

In his remarks, Tokayev described CryptoCity as a regulated sandbox for experimenting with cryptocurrency adoption.

He said, "We plan to create a leading experimental area called CryptoCity where cryptocurrencies can be used to purchase goods and services and even more than that."