Kazakhstan wants to follow Russia’s example and create its own crypto-currency

Kazakhstan became the latest country to show its intention to create its own digital asset. He wants to follow in the footsteps of Russia.

Kazakhstan wants to take advantage of a regional market under-exploited

Astana International Finance Center (AIFC), an organization supported by the government of kazakhstan, has signed a cooperation agreement with a company in malta called Exante, which is defined as ” an investment company of the next generation. “The company has stated that it will work with the AIFC for the development of the market still untapped, the crypto-currency in the ex-soviet Union. “The technology of Blockchain and crypto-currencies fall into the mainstream of the current economic reality,” said Kairat Kelimbetov, governor of the AIFC. “The financial regulators of Astana have started to lay the foundation of the environment for Fintech in Kazakhstan. We believe that the AIFC can become an international hub for the operations Blockchain. In addition, the development of the market of digital assets is our priority in the near future “, he added.

Kazakhstan, only follows a trend of global

There has been much debate on how to control and regulate these currencies decentralised. The gentle approach of the Swiss to ban intransigent Chinese. But, it seems that the there is a new trend in which countries start their own ICO and launch their own digital currencies supported by the government. In August, Estonia has proposed its digital asset called ” Estcoin “. Moreover, the small nation of the eastern Europe has declared that it was considering the launch of the Estcoin through an ICO. Last month, Japan has also announced the potential launch of its own digital currency, called J-Corner. The intention of Russia to launch the “Cryptorouble” is, of course, the greatest news in the matter of creation of a crypto-currency.

Source : Cointelegraph