ASTANA, Kazakhstan, April 24. Kazakhstan has
carried out its first domestic cryptocurrency payment using the
national CryptoPay system, Trend reports via the press office of the Kazakh
President.
The transaction was demonstrated to President Kassym-Jomart
Tokayev during his visit to the International Center for Artificial
Intelligence "Alem.ai" in Astana on April 24.
The CryptoPay system is designed to enable regulated
cryptocurrency payments within domestic infrastructure, reflecting
Kazakhstan’s broader push to develop digital financial services and
integrate innovative payment technologies into the national
economy.
Kazakhstan has developed one of the most regulated crypto
frameworks in Central Asia, with digital asset activity operating
under a legal regime established by the 2023 Law on Digital Assets.
Cryptocurrency trading and service provision are permitted mainly
within the Astana International Financial Centre (AIFC), where
licensed exchanges operate under strict oversight.
The country has also positioned itself as a regional digital
finance hub, allowing regulated trading of over 100 crypto assets
and hosting international platforms such as Binance within its
regulatory sandbox. In recent years, Kazakhstan has expanded pilot
projects in crypto payments, blockchain-based financial services,
and digital asset integration into the broader fintech
ecosystem.
