Kazakhstan’s Deputy PM Demands Full Government Support for Crypto Industry - 99Bitcoins Exclusive

Central Asian nation throws weight behind digital assets as government official calls for unified crypto backing.

Top-Level Crypto Endorsement

Kazakhstan's Deputy Prime Minister just dropped a bombshell at the 99Bitcoins event - demanding all senior leadership levels rally behind the cryptocurrency industry. No more bureaucratic hesitation, no more regulatory waffling.

The government's stance cuts through traditional financial skepticism, positioning Kazakhstan as an emerging crypto hub in Central Asia. This isn't just lip service - it's a coordinated push from the highest echelons of power.

Building Crypto Infrastructure

Leadership isn't just talking - they're building. Kazakhstan's positioning itself as a mining haven while other nations drag their feet. The energy-rich nation leverages its natural advantages while traditional finance guys still worry about their golf handicaps.

The Deputy Prime Minister's message bypasses typical government caution, embracing blockchain's potential with refreshing clarity. No more 'wait-and-see' - just strategic positioning for the digital economy.

Global Implications

This isn't isolated enthusiasm. Kazakhstan's move pressures neighboring governments to step up their crypto game or get left behind. The regional domino effect could reshape Central Asia's financial landscape overnight.

While Wall Street debates whether crypto is a 'real asset class,' forward-thinking governments are already building the infrastructure. Sometimes progress happens despite the suits, not because of them.

“The Cost Of Dismissing Opportunity In France Was Huge,” Said Twice Bitcoin Candidate To French Legislative Council

Aurore Galvas, twice bitcoin candidate to the French Legislative Council spoke about opportunity cost and said, “The cost for dismissing opportunity in France was huge because in France, 10 years ago, we had French Bitcoiners who do Bitcoin mining. He proposed to the national company of energy, to do Bitcoin mining. They refused. And if they had listened, we would be debt free now. So the cost is huge.”

Kazakhstan Deputy PM agreed and said, “Without clear rules, I think that the opportunity cost is that you will have a developing crypto industry, but in the grey area. So the monetary and fiscal authorities will not see what the flows are in this area. And that poses some additional macro prudential risks in our opinion.”

“The early stage, when there is a crypto adoption among the general population, there will always be a kind of a gap or a void in the legislation,” Madiyev  added. “There will be uncertainties given that the legislation is not well-developed. At the same time, there are those legal enforcement agencies. People really get scared of using crypto because, on the other side, there are legal enforcement agencies and given the gaps in the legislation.”

This is Kazakhstan:

– 10% flat tax & 0% wealth tax
– Former #2 Bitcoin mining nation globally
– World's first solana Economic Zone launched 2025

The 9th largest country is now a hidden crypto laboratory.

Here are 8 reasons why Kazakhstan should be on your radar: pic.twitter.com/4gzutNIO0n

— Alessandro Palombo (@thealepalombo) July 11, 2025

“Bitcoin Doesn’t Need Politicians, But Politicians Will End Up Needing Bitcoin,” Said Filip Karadjordjevic, CSO At JAN3

Filip Karadjordjevic, CSO at Bitcoin technology company JAN3 said, “Bitcoin mining actively seeks stranded wasted energy. And it’s not only a monetary renaissance, but it’s also an energy revolution. And we’ve seen some great movements from countries like Kazakhstan, Bhutan is an outlier as well – they’re capturing a lot of their stranded hydroelectricity energy. And we saw Oman two years ago investing one billion into mining infrastructure. And this move is something that’s really positive because it helps to lower costs, energy costs for the public as well.”

“Thanks to the innovations that’s happening within Bitcoin mining, it’s helping the average person. And politically, people are switching on to that. And I think we’re going to see a lot more movement in that. And adoption nationwide, nation-state-wise, is still very much in early adopters at the moment. But I think the energy adoption is definitely pushing it forward,” Karadjordjevic added.  

Key Takeaways

• Bo Hines, who is the former head of US President Donald Trump’s Council of Advisers on Digital Assets, joined the conversation and acknowledged that previously governments viewed cryptocurrency and Bitcoin as almost a criminal asset that was used for nefarious activity. 

• “Hines, who is now the Strategic Advisor for Digital Assets and US Strategy at Tether, said, “So in the US, obviously, we’ve created the Strategic Bitcoin Reserve in which the Treasury is responsible for being a custodian over. But that’s a direct result of the power and persistence that the people created, and I think that’s an incredible thing to recognize. And I think that it will change the really change the course of history forever.