Kazakhstan becomes the “Central Asia Current Current Center” with reforms: Minister

Kazakstan has the ability to become a major center for encryption in Central Asia if organizational restrictions are reduced, according to Kanesh Toulion, the first deputy minister of digital development, innovation and space in the country.

In a conversation Editorial Tuleushin told the Kazakstanskaya Pravda newspaper, Tuleushin said digital mining and smart policy can put Kazakhstan as a regional leader in Blockchain innovation.

“If all restrictions are lifted and digital assets are allowed across Kazakhstan, the effect may be large,” he wrote.

“Kazakhstan may become the Central Asian Central Center,” Taleushin added, indicating that the rationing and wider taxes can add hundreds of billions of Tenge in the country to the national budget.

He called for encryption rules at the country level, transparent exchanges and legal cashier.

Related to: Kazakhstan Muls Bings, BIP Digital Asset Trading

Code miners can update Kazakhstan

Tuleushin said that encryption mining companies can play a major role in updating the country’s energy infrastructure. He referred to that, Similar to the United StatesMiners in Kazakhstan can help Energy network balance By consuming excess power.

Through the 70/30 Energy Initiative, foreign investors finance thermal energy promotions, with 70 % of the capacity resulting from the national network and 30 % for workers.

He also suggested that the oil -related petroleum gas to the energy data centers, reduces emissions with the generation of revenues for oil producers.

The encryption mining sector in Kazakhstan It has already contributed $ 34.6 million of taxes over the past three years. As of 2023, the government registered 415,000 mining machines, issued 84 licenses, dependent on five mining complexes, Tuleushin said.

AIFC (AIFC) increased from $ 324 million in 2023 to $ 1.4 billion in 2024. From 2025, miners will be asked to sell 75 % of their bombs via AIFC platforms.

Related to: Kazakhstan pilot CBDC greatly reduces

Kazakhstan is struggling with unorganized encryption deals

Despite progress, encryption transactions remain largely not subject to AIFC, with an estimated $ 4.1 billion in 2023, and 91.5 % of them have been supervised by government control.

authorities Close 36 illegal exchange In 2024, the freezing of $ 4.8 million of assets and disrupting Ponzi planners.

The country also builds a digital currency for the Central Bank (CBDC), which is the digital Tenge. Development began in February 2023, with The first launch of the year 2025 was set.

Regardless of Kazakhstan, other Central Asian countries such as Uzbekistan and Kyrgyzstan have followed a friendly approach to the digital asset industry.

On May 7, Binance The Memorandum of Understanding signed (Memorandum of Understanding) With the National Investment Agency to provide the infrastructure to pay encryption and the Blockchain education in the country.

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