Regulation· ★★★· bullish·

Kazakhstan approves 65-measure plan to develop digital asset market

  • —The plan covers 10 policy areas and 65 specific measures
  • —The National Bank will tokenize $50 million of Iconic Tower and $10 million of Birlik by year-end
  • —The national crypto reserve has reached $700 million, of which about $200 million has been invested
  • —A mining mechanism using associated petroleum gas was developed by the Digital Ministry and Energy Ministry
Why it matters: Kazakhstan is moving from piecemeal mining regulation to a comprehensive digital asset framework, which could attract institutional capital to the region.
Source: UseTheBitcoin
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