Woofun AI reports that the President of Kazakhstan has signed a decree to accelerate the development of digital assets and stablecoin markets. The measures establish cross-border settlement mechanisms, encourage crypto activities on licensed local platforms, and explore tax incentives for compliant businesses.

The decree also permits using associated natural gas and oil resources for electricity generation in Bitcoin mining. It mandates the development of tokenized financial products and national-level infrastructure for digital asset trading, aiming to position Kazakhstan as a global crypto hub.