đ°đżđ¨ KAZAKHSTAN HANDS CRYPTO CONTROL TO CENTRAL BANK
Kazakhstanâs President has approved new legislation placing cryptocurrencies like $BTC under central bank supervision.
đ Key points:
⢠The National Bank of Kazakhstan will oversee the entire crypto market
⢠Authorities will decide which cryptocurrencies are legally allowed to trade
⢠Moves crypto closer to traditional financial regulation and state control$ADA
â ď¸ Why it matters:
This tightens government oversight and limits free-market access, potentially reducing innovation â but gives regulators more control over capital flows and financial stability.
đ§ Big picture:$SUI
Kazakhstan is shifting from a relatively open crypto stance to a permissioned, state-approved model, signaling a broader trend of central banks asserting dominance over digital assets.
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