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Kazakhstan Unveils CryptoCity Pilot Zone to Test Real-World Crypto Payments

  • Kazakhstan has launched a CryptoCity pilot zone to test real-world cryptocurrency payments, aiming to attract global developers and boost the digital economy.
  • The government in Kazakhstan is supporting blockchain innovation with AI and supercomputing technology to lead in digital finance and become a key IT center in Eurasia in the future.
  • The pilot zone, located in Alatau, will serve as a sandbox for digital currency transactions in everyday activities, signaling Kazakhstan's commitment to advancement in innovation and digital development.
  • Regulators are reviewing the CryptoCity pilot zone while construction has already started, with the aim to draw international developers and specialists to contribute to the project and make Kazakhstan a key player in crypto markets.

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