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Kyrgyzstan central bank plans to introduce licenses for crypto exchanges


Kyrgyzstan central bank plans to introduce licenses for crypto exchanges
The central bank of the Kyrgyz Republic wants to provide crypto investors with the same level of protection that is already in place in traditional finance.
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The National Bank of the Kyrgyz Republic, or NBKR, is reportedly planning to introduce a licensing regime for cryptocurrency exchanges in a move to protect local investors.
NBKR chairman Tolkunbek Abdygulov announced that the country’s central bank is planning to start regulating exchange operations involving cryptocurrencies like Bitcoin (BTC), local economic publication Tazabek reports Feb. 12.
Abdygulov said that the regulatory initiative aims to safeguard crypto operations in the Kyrgyz Republic and provide investor protections similar to those that are already in place for traditional finance: ....

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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
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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.
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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. ....

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