Deputies of the Senate Committee on Finance and Budget held a meeting with competent state bodies and non-governmental organizations on the topic: «Development of the digital assets industry in Kazakhstan».
In his welcome speech, the Chairman of the Committee Sultanbek Makezhanov noted that the President of the country in the Address to the people of Kazakhstan set a strategic task before the country – to transition to a full-fledged digital economy within three years, which requires systemic and coordinated work of all institutions of the state.
«The scale of the task set by the President of the country requires from us immediate inclusion in its implementation. The digital era has already changed all spheres of life, and the financial sector has become its flagship. The market of digital financial assets is rapidly developing all over the world, and Kazakhstan is not an exception. Digital technologies are being actively introduced here, and one of the key steps of the digitalization of the economy is the development of digital financial assets», – said Sultanbek Makezhanov.
The representative of the Ministry of Artificial Intelligence and Digital Development reported that after the adoption of the Law «On Digital Assets», 70 valid licenses were issued to miners in the country, over 400 thousand units of equipment were entered into the registry, mining pools were accredited and 12 crypto exchanges are operating. He noted the growth of tax receipts of the industry and reported that 27 licensed providers of digital assets are already operating in the AIFC.
In turn, Deputy Chairman of the National Bank Berik Sholpankulov dwelt in detail on legislative amendments aimed at regulating digital financial assets and bringing cryptocurrency turnover out of the shadows. Developed measures include licensing of crypto exchangers, establishment of requirements for their activity, protection of investors, strengthening of transaction control, as well as the introduction of the status of subjects of financial monitoring for infrastructure companies.
(Press Office of the Senate, 74-72-27. Photo by: A. Baizhumanov)
