Kazakhstan to link two regimes for digital asset issuance
- —Kazakh issuers would gain access to DFA issuance in the AIFC, while AIFC participants could use platforms in Kazakhstan
- —Issuer requirements include financial stability, net profit, audited statements and a credit rating
- —ARRFR plans to allow 16 crypto assets for organized trading, from BTC and ETH to Dogecoin and Shiba Inu
- —The National Bank and Tether are preparing a pilot tenge stablecoin and testing asset tokenization in Alatau
Why it matters: The two-way regime would broaden issuance of collateralized DFAs in Kazakhstan and could affect the pilot tenge stablecoin with Tether.
Source: BeInCrypto RU