The Ministry of Artificial Intelligence and Digital Development developed the decree with the National Bank and the Astana International Financial Centre. It builds on the 2023 Law on Digital Assets, in full effect since 1 May, and adds stablecoin payment rules, tax incentives, and a framework for decentralised finance and tokenised state bonds.
The gas provision is the notable line for us: oil-field gas can now fuel mining operations directly when it is surplus to state needs, formalising a route around grid demand that has strained under mining load since China's 2021 crackdown sent hashrate to Kazakhstan. The country still gets most of its electricity from coal, and the grid has faced restrictions before over mining-driven consumption.
The decree also pushes ahead on infrastructure at Alatau City, a special economic zone near Almaty planned as a digital-finance hub, and deepens the AIFC's role as the legal architecture for the new asset class.