ExchangeDEX+

Buy Crypto Markets Spot FuturesBTC Earn Events

Kassym-Jomart Tokayev has signed legislation creating a regulatory framework for digital assets in Kazakhstan. The post Kazakhstan Establishes Regulatory FrameworkKassym-Jomart Tokayev has signed legislation creating a regulatory framework for digital assets in Kazakhstan. The post Kazakhstan Establishes Regulatory Framework

Kazakhstan Establishes Regulatory Framework for Digital Assets

Author: Cryptonews AU

Source: Cryptonews AU

2026/01/20 11:58

Kazakhstan’s new legal framework grants the National Bank (NBK) authority to license crypto exchanges, approve tradable assets, and set trading limits.
The law introduces “Digital Financial Assets” (DFAs) and establishes strict risk management and investor protection standards for issuers and platforms.
As part of a goal to become a regional hub, Kazakhstan is seeking to establish a $1 billion Bitcoin crypto reserve within the year.

The government of Kazakhstan has adopted a new legal framework for digital assets after President Kassym-Jomart Tokayev signed legislation that sets rules for both crypto trading and other tokenised financial products.

According to the announcement, a central feature is the expanded role of the National Bank of Kazakhstan (NBK). Under the law, the NBK will license cryptocurrency exchanges, decide which cryptocurrencies can be traded on regulated platforms, and set limits on trading activity.

The legislation updates banking and financial market laws and introduces formal categories for digital assets. It defines stablecoins, assets backed by financial instruments and property, and financial instruments issued in digital form.

Read more: ‘Bitcoin Lottery’ Buzz Fizzles After Untagged Blocks Traced to NiceHash Test

New Assets Class Created

The rules also create a new asset class called “digital financial assets” (DFAs), split into three types. The Agency for Regulation and Development of the Financial Market (ARDFM), which developed the legislation, is tasked with setting requirements for issuing, circulating and redeeming DFAs, excluding stablecoins.

Companies that operate digital platforms and issue DFAs will need licences from the central bank, and will face standards similar to traditional markets, including risk management, disclosure and investor-protection requirements.

For cryptocurrencies, the law treats assets such as Bitcoin (BTC) and Ethereum (ETH) as “unsecured digital assets” and establishes licensed crypto exchange organisations to handle trading. Investor protections include a permitted list of crypto assets approved for circulation and operational restrictions that the NBK can impose on exchanges.

Kazakhstan presented its digital-asset regulation attempt as part of a broader effort to become a regional hub in Central Asia.

Besides supporting stablecoin payments, the country is seeking to establish a Bitcoin crypto reserve worth about US$1 billion (AU$1.49 billion) this year.

Read more: Crypto’s “Shipping Container” Moment Is Near, Fidelity Says

The post Kazakhstan Establishes Regulatory Framework for Digital Assets appeared first on Crypto News Australia.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.