Kazakhstan Plans to Launch Tokenized Deposits
Summary
Madina Abylkassymova, Head of the ARDFM, announced the development of a legislative framework for tokenized deposits.
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Kazakhstan is preparing to launch tokenized deposits. The announcement was made by Madina Abylkassymova, Chairperson of the Agency for Regulation and Development of the Financial Market (ARDFM).
According to the head of the regulatory body, the necessary legislative framework is currently being developed to enable the implementation of this new digital instrument.
The project aims to modernize the banking ecosystem, expand financial instruments for depositors, and provide a clear legal framework for digital asset integration.
Source: Kapital.kz
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