Don't Just Read the News, Understand It.
Published loading...Updated

Kazakhstan to Launch Crypto Pilot Zone for Payments and Adoption

  • Kazakhstan announced on May 29, 2025, the launch of CryptoCity, a pilot zone in Alatau allowing cryptocurrency payments within a regulated sandbox.
  • This initiative follows previous steps like the 2024 central bank digital currency trial and aims to develop crypto-friendly legislation and clarify regulations.
  • Alatau, known for its scientific research and hosting the Innovation Technology Park, was chosen as the pilot zone due to its technological and regulatory suitability.
  • President Tokayev announced plans to establish an innovative pilot area named CryptoCity, where digital currencies will be accepted for transactions involving goods, services, and more.
  • The project aims to boost local economic growth, attract IT specialists, and position Kazakhstan as a Central Asian leader in blockchain under clear regulatory oversight.
Insights by Ground AI
Does this summary seem wrong?
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

12 Articles

All
Left
Center
Right
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Cointelegraph broke the news in on Thursday, May 29, 2025.
Sources are mostly out of (0)