Kazakhstan could become the leading crypto hub in Central Asia by easing regulations. Vice Minister Kanysh Tuleushin advocates for nationwide crypto rules and transparent exchanges to modernize the nation’s blockchain landscape, significantly impacting the economy.
Despite advancements, most crypto activities are unregulated, with estimated transactions reaching $4.1 billion in 2023. Authorities are working to improve oversight after shutting down illegal exchanges, while the country continues to develop its own central bank digital currency.
Leave a Reply