Published on June 15th, 2018 | by bitcoin0
Regulations crucial says Kazakhstan finance center
Speaking at the “Blockchain Conference Astana,” the Astana International Financial Center’s (AIFC) governor Kairat Kaliyev said specifically that the AIFC is paying special attention blockchain and cryptocurrencies: “The problem of regulation of cryptocurrencies is being discussed very intensively.
Kaliyev notes that the center is working with international companies to develop appropriate regulation, also adding that the center provides financial assistance to support fintech innovation and arranges courses for blockchain and programming.
The AIFC is a free economic zone created with the intent to attract international trade and increase Kazakhstan’s role in global markets.
The AIFC website refers to fintech development as “one of the main strategic directions activities [sic]” of the financial hub.
At the end of May, Kazakh president Nursultan Nazarbayev called for international cooperation for cryptocurrency regulation.