Kazakhstan’s regulated crypto market shoots past $10B after 30X growth in three years
The size of Kazakhstan’s cryptocurrency market has increased more than 30 times over the past three years since the country started regulating it.
Three crypto platforms have been licensed under its recently updated legislation, with another five awaiting authorizations, officials in Astana announced.
Kazakhstan sees massive increase in regulated crypto transactions
The authorities in Kazakhstan have registered a significant growth in the domestic market for cryptocurrencies like Bitcoin.
The transaction volume, which stood at $320 million in 2023, reached $10.5 billion by the end of 2025 and has increased even further this year.
That’s according to the latest statistical data presented by Yerkegali Yedenbayev, managing director of the Astana Financial Services Authority (AFSA).
The latter is the supervisory body responsible for overseeing the Astana International Financial Centre (AIFC) – the fintech hub in the capital city where it all started.
Reporting on the developments in the regulated crypto space over the past few years during a government meeting on Tuesday, Yedenbayev further detailed:
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