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BTCC / BTCC Square / Global Cryptocurrency /
Kazakhstan’s Crypto Market Surges to $1.4B Amid Regulatory Easing and Mining Expansion

Kazakhstan’s Crypto Market Surges to $1.4B Amid Regulatory Easing and Mining Expansion

Author:
Global Cryptocurrency
Published:
2025-05-14 20:03:01
9
3

Kazakhstan is positioning itself as a central Asian crypto hub, with its digital asset market ballooning to $1.4 billion. Kanysh Tuleushin, the nation’s first vice minister of digital development, penned an op-ed in Kazakhstanskaya Pravda advocating for relaxed regulations and expanded legal frameworks to unlock economic potential.

The country’s crypto mining industry is seen as a catalyst for modernizing energy infrastructure. Tuleushin highlighted how miners could assist in grid balancing and environmental improvements, drawing parallels to U.S. practices where excess energy consumption during low-demand periods stabilizes power systems. Kazakhstan’s "70/30" initiative underscores this strategic pivot.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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