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Japanese companies invest 150 mln USD in digitalisation projects in Kazakhstan

Japanese companies invest 150 mln USD in digitalisation projects in Kazakhstan 15 February 2021 12:55 Share in: TOKYO. KAZINFORM «Japan DX» and «Land Management Co. Ltd» signed an agreement at the Embassy of Kazakhstan in Japan on investment of 150 million USD in the economy of Kazakhstan. Related news The parties reached a deal to set up a joint company - «Japan DX KZ» to carry out information and communication infrastructure projects in Kazakhstan, the Kazakh MFA’s press service reports. According to Ambassador of Kazakhstan to Japan Yerlan Baudarbek-Kozhatayev, the involvement of Japanese companies in the digital transformation of the Kazakhstan’s economy aims to implement advanced Japanese digital technologies.

Kyrgyzstan: Central Bank Publishes Draft Crypto Laws, Calls for Public Comments

Reading Time: 2 minutes by Anthonia Isichei on January 6, 2021 Regulation Kyrgyzstan’s central bank has issued draft crypto regulations that will create a legal framework for the country’s crypto industry. The move forms the latest effort by the government to leverage the growing virtual currency adoption in the country while providing adequate investor protection. Kyrgyzstan’s Crypto Regulations The National Bank of the Kyrgyz Republic has announced the drafting of two bills concerning crypto regulations in the country. According to a statement by the central bank, the two bills are titled: “On Amendments to Legislative Acts in the Field of Crypto-assets” and “On the Processing of Crypto-assets.”

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