Kazakhstan Enacts Digital Asset Law on January 17, Licensing Crypto Exchanges
Kazakh President Kassym-Jomart Tokayev signed legislation on January 17 to place digital financial assets under banking oversight and require licensed crypto exchanges. The measure defines stablecoins, asset-backed tokens, and electronic financial instruments, aiming to strengthen investor protections and fintech growth. Prior permissions within the AIFC are broadened by these nationwide rules.