Crypto & Digital Assets - Kazakhstan

RegulatedDual regime: (1) Law No. 193-VII 'On Digital Assets in the Republic of Kazakhstan' (6 Feb 2023, in force 1 Apr 2023) plus the AIFC Rules on Digital Asset Activities supervised by the Astana Financial Services Authority (AFSA) within the Astana International Financial Centre (AIFC); and (2) a nationwide regime created by Nov 2025 amendments (Law No. 231-VIII) extending unsecured-digital-asset circulation across Kazakhstan under the National Bank of Kazakhstan (NBK), with NBK licensing of exchange operators commencing 1 May 2026.

Kazakhstan licenses crypto exchanges and virtual-asset service providers under two parallel tracks. Since 2023, the issuance and trading of unsecured digital assets has been confined to the AIFC, where the AFSA licenses 'Digital Asset Trading Facility' operators and other DASPs. November 2025 reforms removed the AIFC's exclusivity and the miner mandatory-sale rule, and from 1 May 2026 the National Bank of Kazakhstan licenses exchange operators nationwide and restricts trading to an NBK-approved list of crypto assets.

Machine-assisted translation · verified 5/23/2026 · orientation, not legal advice. English version →