The central bank of Kazakhstan has given the go-ahead for a project to issue crypto cards allowing users to spend digital coins where fiat is accepted. The pilot is part of a series of initiatives …
National Bank Launches Crypto Card, Outlines Broader Digital Asset Strategy
ASTANA — The National Bank of Kazakhstan (NBK) officially launched the crypto card project during a June 3 meeting in Almaty with representatives of banks, crypto exchanges, and fintech companies.
Uzbekistan sees growth in money transfers to Kazakhstan
Money transfers from Uzbekistan to Kazakhstan surged in April 2025, reaching 2 billion tenge ($4.35 million), marking a significant month-on-month increase. This growth reflects rising cross-border …
Can Kazakhstan become Eurasia’s crypto hub? ‘We are planning to…’
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.