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Kazakhstan President Kassym-Jomart Tokayev Announces Plans to Launch Crypto City & AI Hub

Kazakhstan is set to introduce a new pilot zone named CryptoCity, where cryptocurrencies will be used for payments and digital innovation. The announcement was made by President Kassym-Jomart Tokayev during the Astana International Forum 2025. This initiative aims to build a regulated environment that supports digital asset adoption and blockchain development. Kazakhstan CryptoCity to Pioneer Cryptocurrency Payments Kazakhstan President Kassym-Jomart Tokayev outlined the government’s plan to create CryptoCity as a pioneering pilot zone. In this area, cryptocurrencies will be accepted for purchasing goods, services, and real estate. The project is designed as a sandbox where the legal use of digital currencies will be tested under regulatory oversight. The initiative intends to make cryptocurrency a recognized payment method, helping to attract developers and investors. “We are planning to create a pioneering pilot zone called CryptoCity where cryptocurrencies might be used for purchasing goods, services, and even beyond,” Tokayev stated in his… Read More at Coingape.com

The post Kazakhstan President Kassym-Jomart Tokayev Announces Plans to Launch Crypto City & AI Hub appeared first on CoinGape.

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