Kazakhstan approved a comprehensive package of measures to build a modern, regulated digital financial services ecosystem. The initiative includes support for the digital assets industry, tax incentives, improvements to payment infrastructure, and new mechanisms for cryptocurrency mining.
President Kassym-Jomart Tokayev signed the decree “On Measures to Stimulate and Develop the Digital Assets Industry in the Republic of Kazakhstan.” The document was drafted by the Ministry of Artificial Intelligence and Digital Development in cooperation with the National Bank of Kazakhstan, government agencies, and the Astana International Financial Centre (AIFC). It is expected to establish the foundation for the systematic development of the regulated digital assets market, expand the adoption of financial technologies, and strengthen the sector’s investment appeal.
The decree’s key measures include:
- developing mechanisms for using stablecoins in international settlements;
- bringing crypto asset transactions into Kazakhstan’s regulated legal framework;
- introducing voluntary disclosure of digital assets held on foreign unregulated platforms;
- exempting individuals from personal income tax on income from digital asset transactions conducted through regulated infrastructure;
- enabling associated petroleum gas and natural gas to generate electricity that may be supplied to digital mining operations;
- developing the market for tokenized financial instruments alongside the country’s national trading infrastructure.
One of the central pillars of the reform is the modernization of Kazakhstan’s payment infrastructure and the broader integration of digital assets into the economy. Authorities plan to establish mechanisms that allow digital assets and stablecoins to be used in cross-border settlements, giving Kazakh companies additional tools for export and import transactions.
The decree also introduced a package of measures aimed at bringing cryptocurrency transactions into the regulated legal framework. Authorities plan to create conditions for the voluntary disclosure of digital assets previously held on foreign unregulated platforms, followed by their transfer to licensed domestic service providers.
The government also proposed tax relief for individuals. Income from digital asset transactions conducted through Kazakhstan’s regulated infrastructure would be exempt from personal income tax.
A separate section of the decree focused on improving the efficiency of energy resource utilization. It introduced a mechanism allowing associated petroleum gas and natural gas produced at oil and gas fields to be used for independent electricity generation. If the electricity isn’t required for government needs, it may be supplied to digital mining facilities. Authorities expect this approach to attract investment to the regions and improve the efficiency of energy resource utilization.
To implement the decree, the government will prepare a dedicated action plan that includes specific implementation deadlines and identifies the responsible government agencies.
Deputy Prime Minister and Minister of Artificial Intelligence and Digital Development Zhaslan Madiyev said the decree would serve as the strategic foundation for Kazakhstan’s transition to a new generation digital economy. According to Madiyev, the government intends to create conditions under which digital assets become financial instruments that are as familiar and secure as traditional ones, while positioning Kazakhstan as a hub for international capital and technological expertise.
Vice Minister of Artificial Intelligence and Digital Development Gizzat Baitursynov said the new measures would provide predictable operating conditions for all market participants, from mining companies to financial institutions, while reinforcing Kazakhstan’s position as a regional center for digital financial solutions.
Over the past 2 years, Kazakhstan implemented a series of initiatives in the digital assets sector. These included establishing a state digital assets fund, launching a pilot project for a tenge-backed national stablecoin, approving cryptocurrency cards through the National Bank of Kazakhstan, and several other initiatives. In January 2026, the country also adopted a comprehensive regulatory framework for the digital assets market. As part of that effort, authorities had previously announced plans to build a unified state infrastructure and launch a regulatory sandbox.
