" class="no-js "lang="en-US"> Pilot Crypto-Fiat: Astana Finance Days Looking Into Regulation
Monday, June 05, 2023
Point Zero Forum

Astana Finance Days Looking Into Crypto Regulation and Pilot Crypto-Fiat Project

Participants of the pilot project on interaction between Kazakhstan’s second-tier banks (STB) and AIFC-registered crypto exchanges will gather at a panel session to discuss the interim results of the project a year after its launch.

The objectives of the project are to provide crypto exchanges with access to the market of Kazakhstan and allow Kazakhstan residents and crypto-miners to trade on the platforms of AIFC crypto exchanges; create favorable conditions for investments through fiat channels provided by STBs of Kazakhstan, and amend the national legislation of Kazakhstan and the AIFC Acts based on pilot project’s results. 

The pilot involved five crypto-exchanges: Binance, Ataix, Intebix, Xignal и Upbit and eight Kazakhstan’s STBs: Halyk Bank, Altyn Bank, Zaman Bank, Freedom Bank, Eurasian Bank, Bereke Bank, Nurbank and CenterCredit. 

In this session, you will learn about the main results of the project from its direct participants, find out about the opportunities and challenges, and about regulatory measures to protect consumers of the pilot project’s services.

The panel session will take place on 7 June 2023 within the annual largest finance conference Astana Finance Days.

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