President Signs Decree on the Development of Digital Assets
The Decree establishes, for the first time, a comprehensive state policy on digital assets aimed at creating a transparent, regulated, and competitive market integrated into the international financial system.
Why Is This Important?
The Decree provides for the development of modern financial infrastructure, further improvement of the regulatory framework for digital assets, the introduction of tokenization mechanisms, the development of crypto-fiat infrastructure, and the creation of conditions for attracting international investment to Kazakhstan. Most of the mechanisms envisaged by the Decree are expected to be implemented in 2026, creating an opportunity for Kazakhstan to become one of the regional leaders in digital finance.
The Role of Alatau City
Under the Decree, the Alatau City Authority has been officially designated as one of the key institutions responsible for implementing the state’s digital assets policy, alongside the Government of the Republic of Kazakhstan, the National Bank, the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market, the Financial Monitoring Agency, and the Astana International Financial Centre (AIFC).
The Alatau City Authority will participate in the development of a medium-term strategy for the crypto industry, the improvement of the regulatory framework for decentralized finance (DeFi), the launch of pilot projects for the tokenization of real estate and logistics and industrial infrastructure, as well as the development of mechanisms to attract foreign investment into Alatau City projects through digital assets.
Opportunities for Alatau City Residents
Implementation of the Decree will create new opportunities for residents of Alatau City, including:
- access to international capital through tokenization mechanisms;
- attracting leading fintech and Web3 companies;
- access to modern digital financial infrastructure;
- participation in pilot projects and regulatory sandboxes;
- development of innovative investment projects within a favorable legal environment.
Through the implementation of the Decree, Alatau City further strengthens its position as Kazakhstan’s pilot platform for the deployment of advanced digital asset, tokenization, and digital finance solutions, creating favorable conditions for attracting international investment and supporting the development of the country's new digital economy.
