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Kazakhstan's president signs decree to promote digital asset industry development

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ME News: On July 8 (UTC+8), according to the official website of the Ministry of Digital Development, Innovations and Aerospace Industry of Kazakhstan, the President of Kazakhstan signed the Decree on Measures to Stimulate and Develop the Digital Asset Industry of the Republic of Kazakhstan on July 8, 2026, aiming to build a modern and transparent digital financial services ecosystem. The core content of the decree covers four major directions: First, promoting the modernization of payment infrastructure and developing mechanisms to support digital assets and stablecoins for cross‑border settlements; Second, encouraging the inclusion of crypto asset trading in a regulated legal framework, allowing voluntary disclosure of digital assets previously held on unregulated overseas platforms and their transfer to licensed domestic service providers; Third, introducing tax incentive policies, where income derived from digital asset trading through Kazakhstan's regulated infrastructure will be exempt from personal income tax; Fourth, allowing associated gas from oil and gas fields to be used for self‑generated electricity and allocated to digital mining, so as to promote regional investment and efficient energy utilization. In addition, the decree also clarifies the development direction of tokenized financial instruments and national trading infrastructure. (Source: ChainCatcher)
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