Woofun AI reports that Kazakhstan has formalized its expansion into the digital asset sector through a new presidential decree, aiming to transform the nation into a regulated global hub. Signed by President Kassym-Jomart Tokayev and announced on Wednesday by the Ministry of Artificial Intelligence and Digital Development (MAIDD), the legislation was jointly developed with the central bank and the Astana International Financial Centre to provide regulatory clarity for investors and service providers.

The decree prioritizes the modernization of payment infrastructure by integrating stablecoin payments and digital assets into cross-border settlements. This framework is designed to support export and import operations, allowing businesses to utilize these instruments within a strictly regulated environment rather than relying on informal channels.

A critical component involves repatriating assets from foreign unregulated platforms to licensed domestic infrastructure. Individuals are encouraged to disclose and transfer their holdings to approved domestic service providers, with the government offering a personal income tax exemption on income generated through these regulated channels.

Woofun AI data shows the policy leverages energy resources by permitting the use of associated petroleum gas and natural gas from oil and gas fields for autonomous electricity generation when not required for state purposes, directly supporting digital mining operations.

Furthermore, the administration introduced a 70/30 energy model, granting data centers and digital miners access to 70% of new power generation capacity derived from infrastructure upgrades. The decree also mandates the development of tokenized financial instruments and national trading infrastructure to further institutionalize the market.

MAIDD Minister Zhaslan Madiyev stated the objective is to attract global capital and expertise while ensuring maximum transparency and protection for all market participants. This strategic shift marks a definitive move toward institutionalizing the sector rather than merely tolerating it.