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Global regulators and financial institutions continue advancing crypto infrastructure this week.
Kazakhstan's Central Bank has greenlit pilot programs for gold tokenization and QR-based crypto payments, alongside testing of the 'KZTE' stablecoin—signaling growing openness to digital asset frameworks in the region.
Meanwhile, major financial players are positioning themselves in emerging crypto markets. Mirae Asset Group, South Korea's leading investment firm, is exploring a potential $100 million acquisition of Korbit, a move that underscores institutional appetite for crypto platform ownership.
On the lending front, Russia's Sberbank has issued the country's first crypto-backed loan, marking a significant milestone in how traditional banking institutions are integrating digital assets into their core financial services.
These developments reflect a broader trend: established financial infrastructure—central banks, asset managers, commercial banks—moving from skepticism to active participation in the crypto ecosystem.