“Now we are testing new directions of the crypto market in a special “sandbox”. For example, a new supervisory platform will be created, interaction between different jurisdictions will be strengthened. In addition, we are considering the introduction of tax incentives and “cryptoamnesty” for the migration of capital from unregulated or international markets to the local market,” Forbes quotes Binur Zhalenov as saying.
Deputy head of the National Bank of Kazakhstan noted that now a significant part of transactions with digital assets remains outside the regulated field. According to estimates of the National Bank, their volume is several times higher than the turnover of the official sector.
“The turnover of the regulated sector last year amounted to about $10.5 billion, but the unregulated perimeter is 2-3 times larger. Our task is to create clear rules so that capital flows into a transparent environment. We do not consider all crypto users outside the regulated field as criminals. This is just a signal that something was not working properly in the official perimeter, and we are fixing it,” the quoted source emphasized.
