Kazakhstan has updated its legal framework for cryptocurrency mining and digital asset circulation. President Kassym-Jomart Tokayev signed amendments aimed at easing previous restrictions while maintaining regulatory oversight. The changes are part of a broader law focused on digitalization and artificial intelligence.
Under the previous regime, miners were required to sell most mined crypto assets through platforms operating within the Astana International Financial Centre. This obligation has now been removed. As a result, miners gain greater flexibility in managing their cryptocurrency holdings.
Expanded Access to Crypto Mining
The new law allows both individual entrepreneurs and legal entities to mine cryptocurrencies. Mining activities are no longer classified as organizing digital asset circulation. This distinction reduces compliance burdens and simplifies operational requirements for market participants.
According to the presidential administration, the legislation now regulates the circulation of unsecured digital assets across Kazakhstan. Previously, such transactions were limited to the AIFC zone. The reform effectively broadens the national crypto market while keeping it under state supervision.
Security Standards Remain a Priority
Despite the regulatory easing, authorities have strengthened requirements for cybersecurity and personal data protection. Companies involved in crypto operations must implement enhanced safeguards to protect user information and system integrity.
Market analysts say the reforms signal Kazakhstan’s intent to remain a regional hub for crypto mining. At the same time, the government aims to prevent systemic risks by enforcing strict security and compliance standards. As a result, the updated framework combines market openness with continued regulatory control.