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Kazakhstan to pilot ‘CryptoCity’ for crypto payments and adoption

cryptoweekly by cryptoweekly
May 29, 2025
in bitcoin, News
0

Kazakhstan’s president announced plans to build a “CryptoCity” pilot zone where crypto can be used for payments, aiming to establish a regulatory sandbox for digital assets.

Kazakhstan plans to launch a pilot zone called “CryptoCity,” where cryptocurrencies can be used to pay for goods and services, according to a May 29 announcement on the official website of President Kassym-Jomart Tokayev.

Speaking at the Astana International Forum 2025, Tokayev said that Kazakhstan will create a CryptoCity pilot zone to explore cryptocurrency adoption within a regulated sandbox environment.

“We are planning to create a pioneering pilot zone called CryptoCity where cryptocurrencies might be used for purchasing goods, services, and even beyond,” he said.

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  • $5 trillion altcoin season pending as TOTAL2 market cap hits $1.5T
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  • US SEC Chair Atkins: Education is key for crypto in retirement accounts
  • Metaplanet vs. Semler Scientific: The race to become Bitcoin’s biggest corporate whale
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