Kazakhstan's President Tokayev signed a decree to create a regulated digital asset market with tax exemptions for crypto transactions and legalization of associated gas mining.
DeFi & Yields ·
Kazakhstan's President Tokayev signed a decree establishing a regulated market for digital assets and stablecoins, with income from digital asset transactions exempt from income tax and associated gas mining legalized. The decree aims to transition crypto operations into a regulated legal framework while encouraging voluntary disclosure of digital assets from foreign platforms. Businesses and government entities will be permitted to use stablecoins for cross-border payments under the new framework.