Zhalenov said the rollout of digital tenge is an “absolutely logical step” for Kazakhstan. The project has been spearheaded by the NBK since 2021.
Investment Opportunities and Regulatory Framework in Kazakhstan
The Republic of Kazakhstan, having vast reserves of natural resources and being located at the intersection of Europe and Asia, competes …
Kazakhstan has emerged as one of world’s fastest-growing technology hubs, says report
By Kanat Shaku in Almaty Kazakhstan has emerged as one of the world’s fastest-growing technology hubs, driven by a sharp shift from its traditional resource-based economy to a dynamic, innovation-led …
Kazakhstan MP calls for creation of a ‘crypto bank’ to legalize massive gray market
It is time to break crypto trading in Kazakhstan out of the special economic zone, a member of the parliament has said. The overwhelming majority of operations with digital assets are not conducted in …
Azerbaijan’s economic ties with Kazakhstan evolve amid changing remittance trends
The financial transactions between Azerbaijan and Kazakhstan, particularly in terms of remittances, reveal a significant shift in patterns over the last year, showcasing both positive and negative …
Kazakhstan considers launching a national crypto bank
A member of Kazakhstan’s Mazhilis has proposed the creation of a national crypto bank to bring digital asset transactions out of the shadows and under state regulation. MP Azat Peruashev believes the …
No Aid, All Investments: The Future of Chinese Engagement in Kazakhstan
With U.S. aid diminished, it seems unlikely that China will fill the gap. Beijing favors investments in infrastructure over civil society.
News Digest: Foreign Media on Kazakhstan’s Investment Climate, Middle Corridor, Oil Exports and More
ASTANA – The Astana Times has selected articles from global media outlets covering Kazakhstan. This week’s foreign media digest covers the Middle Corridor, Kazakhstan’s oil exports and more. have …
Kazakhstan’s Fintech Giant Kaspi Targets $500 Million Bond Deal
Kaspi.kz JSC, Kazakhstan’s most valuable public company, could issue its first bond as soon as Tuesday, having marketed the debt to international fixed income investors last week, according to people …
Kazakhstan could privatize 50% stakes in Atyrau and Pavlodar oil refineries
ASTANA. March 17 (Interfax) – Kazakhstan is thinking of privatizing 50% stakes in Atyrau Oil Refinery and Pavlodar Petrochemical Plant, said Rustam Akhmetov, the deputy chairman of the Agency for the …