Kazakhstan

Kazakhstan maintains a legal and regulated framework for cryptocurrency activities primarily under the AIFC Rules on Digital Asset Activities effective since January 2024 and amended in 2026. The Astana Financial Services Authority (AFSA) actively regulates and authorizes entities within the AIFC, including digital asset firms, with ongoing enforcement and cooperation with law enforcement.

Overview

StatusLegal
Risk Score25/100 (Low Risk)
Regioncentral asia
CurrencyKZT

Tax Information

VAT on CryptoNo

Licensing & Registration

RequiredYes
RegulatorAFSA / NBK
FrameworkAIFC Rules on Digital Asset Activities
Easemedium
Cost (USD)DATF Authorization fee: $98,000 (one-time) + $500-$1,500 registration fee + $30,000 annual supervision fee + quarterly variable fees (capped at $250,000/year as of December 2025). Minimum capital: $200,000 or 12 months working capital, whichever is higher.

AFSA provides fast-track authorization for firms licensed in acceptable regulatory regimes and regulates 369 authorized entities across various financial and digital asset activities.

Enforcement Activity

Level: Moderate

No detailed enforcement information available

CBDC

StatusLaunched
NameDigital Tenge
Issuing AuthorityNational Bank of Kazakhstan
Modelretail
TechnologyR3 Corda, Binance (DLT)

AML / KYC

KYC RequiredYes
Travel RuleYes
FATF MemberYes
FATF Statuscompliant
FATF BodyFATF
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: regulated

DeFi activities are regulated under the AIFC framework with oversight by AFSA, ensuring compliance with AML and licensing requirements.

Stablecoins

Status: regulated

Stablecoins are regulated under the AIFC digital asset rules, requiring licensing and compliance with financial regulations.

NFTs

Status: unregulated

Mining

LegalYes
Electricity Cost$0.042/kWh
Renewable Energy12%
Infrastructurefair

Mining is legal but restricted due to regulatory and energy consumption concerns; infrastructure is developing with moderate quality data centers.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index38/100
Banking Accessmoderate
Sanctions Program ActiveNo

Risk Factors

Kazakhstan has moderate political stability with ongoing regulatory improvements in crypto. It is not under international sanctions but faces regional risks and moderate corruption levels.

Recent Political Events

Sources

Frequently Asked Questions

Is cryptocurrency legal in Kazakhstan?

Kazakhstan maintains a legal and regulated framework for cryptocurrency activities primarily under the AIFC Rules on Digital Asset Activities effective since January 2024 and amended in 2026. The Astana Financial Services Authority (AFSA) actively regulates and authorizes entities within the AIFC, including digital asset firms, with ongoing enforcement and cooperation with law enforcement.

What is the FATF status of Kazakhstan?

Kazakhstan is classified by FATF as: compliant.

Are VASPs licensed in Kazakhstan?

Yes, licensing is required for VASPs.

What is the AML/KYC regime in Kazakhstan?

KYC is mandatory for crypto businesses.

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Last reviewed: 2026-09-05 · Data source: Soken Crypto Legal Map

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