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Kazakhstan to become ‘Central Asia’s crypto hub’ with reforms: Minister

Kazakhstan’s digital minister says lifting crypto restrictions and expanding regulations could turn the country into Central Asia’s top blockchain hub.

Kazakhstan has the potential to become a leading crypto hub in Central Asia if regulatory restrictions are eased, according to Kanysh Tuleushin, the country’s first vice minister of digital development, innovation, and aerospace industry.

In a recent op-ed for the Kazakhstanskaya Pravda newspaper, Tuleushin said digital mining and smart policy shifts could position Kazakhstan as a regional leader in blockchain innovation.

“If all restrictions were lifted and digital asset trading was allowed across Kazakhstan, the impact could be significant,” he wrote.  

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