Kazakhstan Issues Decree to Expand Regulation and Incentives for Digital Assets

Kazakhstan President Kassym-Jomart Tokayev has signed a decree to reshape the country’s legal and economic framework for digital assets, aiming to bring the full virtual asset ecosystem under regulation. According to NS3.AI, Akorda said the decree is intended to incorporate the entire virtual asset sector into the regulatory fold. The measures outlined include tax benefits for the digital asset industry. The decree also supports stablecoin payments and backs digital asset mining that uses natural gas.