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Kazakhstan's new legislation comes into effect: digital assets officially enter regulation, and crypto exchanges obtain approval from the central bank
The President of Kazakhstan has signed the "Banking and Banking Activities Law" and the "Financial Market Regulation and Development Amendments," bringing digital financial assets (DFA) under regulation. These are categorized into stablecoins, physical asset tokens, and electronic financial instruments. The central bank will issue licenses and establish a list of cryptocurrencies to protect investors and combat illegal activities, marking the market's transition from disorder to order.
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