The National Bank of Kazakhstan has launched a project for crypto cards — bank cards linked to wallets on licensed cryptocurrency exchanges of the AIFC.

Now you can pay for purchases from your crypto balance through a regular payment system.

📍 What happened?

In Almaty, the National Bank gathered representatives from banks, crypto exchanges, and fintech companies.

📍 What was discussed?

• The status of projects on tokenization and digital assets

• The integration of crypto assets into the financial system

• The development of legislation for digital finance

📍 The main point: the launch of the 'crypto card' project

💳 This is a payment card with the ability to instantly convert cryptocurrency to tenge at the time of payment.

📍 What's next?

In 2025, pilots are planned:

• Stablecoins backed by tenge

• Tokenization of assets and issuance of tokens

• Services for exchange operations with crypto assets and storage of crypto assets

📍 Legal framework

Amendments to the legislation have been developed in collaboration with government agencies to support both backed and unbacked digital assets.