First Vice Minister of Digital Development, Kanysh Tuleushin, recently highlighted the nation’s potential to become a Central Asian crypto hub if regulators relax barriers. The country also launched a …
Azerbaijan, Kazakhstan discuss oversight of financial markets [PHOTOS]
The Central Bank of Azerbaijan (CBA) has announced that discussions on financial market regulation and oversight have taken place between Azerbaijan and Kazakhstan, Azernews reports.
Central Asia edges into Islamic finance market
With 90.6% of the population in Central Asia – the region made up of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan – being Muslim, Islamic finance in the region offers significant …
Kazakhstan delays Eurobond offering amid market uncertainty
Kazakhstan was considering issuing Eurobonds in July to cover the budget deficit. Kazakhstan placed $1.5 billion in 10-year 4.714% bonds in October 2024. The premium or spread between these and U.S.
$15 billion in crypto pulled out of Kazakhstan due to lack of rules, central bank says
Some $15 billion worth of crypto assets have been transferred out of Kazakhstan as a result of insufficient regulations, the country’s central bank revealed. The announcement comes as financial …
Kazakhstan surpasses regional peers in Islamic Development Bank financing
Kazakhstan leads member states in authorized financing for agriculture and transport development, according to the 2024 Islamic Development Bank report. Kazakhstan outperformed numerous regional and …
Kazakhstan, WIPO strengthen partnership to boost innovation and intellectual property
Kassym-Jomart Tokayev emphasized that the World Intellectual Property Organization is a key partner for Kazakhstan in developing a robust, future-oriented intellectual property system.
How to Buy Property in Kazakhstan as a Foreigner
Who can buy property in Kazakhstan? As per Article 9 of the Law foreign individuals can only purchase property in Kazakhstan if they are permanent residents. However, legal entities with foreign …
Kazakhstan’s Law on Legalisation of Property
According to the Kazakhstan Ministry of Finance, this legalisation of property is being carried out to inject additional funds into the economy. There were two legalisation procedures in the past.
Kazakhstan a gateway for trade: Astana International Financial Center
Astana International Financial Center governor Renat Bekturov explains the unique position of Kazakhstan as a “gateway” for countries including China to engage in trade with central Asia. He also …