Kazakhstan to streamline digital asset rules for banks
- —ARDFM and the National Bank drafted a joint resolution on bank DFA transactions
- —Requirements for DFA underlying assets would be replaced by a reference to Resolution No. 72
- —The amendments align rules with the law on credit rating activity
- —The draft introduces no new requirements for underlying assets
Why it matters: A single set of requirements reduces the risk of discrepancies between documents and simplifies banks' work with secured DFAs.
Source: BeInCrypto RU