Regulation· ★★★· bullish·

Balaji Srinivasan pitches Kazakhstan's Alatau City as new Dubai for crypto business

  • —Srinivasan likened Astana to Dubai and Singapore at The Network State conference
  • —About 3,500 people attended the Marina Bay Sands event, with Vitalik Buterin among guests
  • —Kazakhstan signed a law in May 2026 creating a special regime for digital assets in Alatau
  • —Tether, Kazakhstan's National Bank and Alatau are preparing a tenge stablecoin pilot
Why it matters: Kazakhstan is building a dedicated crypto jurisdiction with an English-law court and a tenge stablecoin, potentially drawing capital to the region.
Source: BeInCrypto RU