New legislation in Kazakhstan restricts cryptocurrency trading to coins approved by the central bank. According to reports, President Kassym-Jomart Tokayev signed these new laws, which also establish licensed crypto exchanges. The central bank will now have the authority to determine which cryptocurrencies can be traded within the country. This development signifies a move toward greater regulation of the cryptocurrency market in Kazakhstan.

New legislation in Kazakhstan restricts cryptocurrency trading to coins approved by the central bank. According to reports, President Kassym-Jomart Tokayev signed these new laws, which also establish licensed crypto exchanges. The central bank will now have the authority to determine which cryptocurrencies can be traded within the country. This development signifies a move toward greater regulation of the cryptocurrency market in Kazakhstan.