Kazakhstan Plans to Launch Tokenized Deposits
Summary
Kazakhstan is preparing a legislative framework to launch tokenized deposits, according to ARDFM Chair Madina Abylkassymova.
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Kazakhstan is planning to introduce tokenized deposits to its financial sector. This was announced by Madina Abylkassymova, Chairperson of the Agency for Regulation and Development of the Financial Market (ARDFM).
According to the head of the regulatory authority, the corresponding legislative framework is currently being developed. The initiative aims to advance digital finance tools and broaden options within the country's banking industry.
Source: Kapital.kz
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