{"id":46840,"date":"2021-07-28T15:07:18","date_gmt":"2021-07-28T12:07:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=46840"},"modified":"2025-09-01T18:27:24","modified_gmt":"2025-09-01T15:27:24","slug":"kazakhstan-proposes-caps-on-retail-investors-cryptocurrency-purchases","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/kazakhstan-proposes-caps-on-retail-investors-cryptocurrency-purchases\/","title":{"rendered":"Kazakhstan proposes caps on retail investors&#8217; cryptocurrency purchases"},"content":{"rendered":"<p>In the Astana International Financial Centre (AIFC) in Kazakhstan, a proposal was made to set limits on retail investors&#8217; cryptocurrency purchases. The report comes from the local publication <a href=\\\"https:\/\/kapital.kz\/finance\/97489\/kakiye-limity-na-pokupku-kriptovalyuty-obsuzhdayut-v-kazakhstane.html\\\">\u00abKapital\u00bb<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>The Agency for Regulation and Development of the Financial Market described the initiative as aimed at protecting buyers from potential risks. These include a lack of full regulation, as well as the possibility of using digital assets for money laundering and financing terrorism.<\/p>\n<p>\\n\\n<\/p>\n<p>The AIFC proposes limiting purchases of cryptocurrencies by retail investors who have not disclosed their income to $2,000 per month.<\/p>\n<p>\\n\\n<\/p>\n<p>Investors with disclosed income would be able to buy cryptocurrencies up to $100,000 per year. The amount must not exceed 10% of annual income or 5% of the total value of all the retail investor&#8217;s assets (excluding the value of primary residence).<\/p>\n<p>\\n\\n<\/p>\n<p>The initiative covers the purchase of cryptocurrencies through exchanges registered in the Astana International Financial Centre, where a special legal regime applies.<\/p>\n<p>\\n\\n<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cExchanges can operate only on the territory of the AIFC. They are registered here as in the jurisdiction,\u201d ForkLog explained in the Kazakhstan-based \u201cAssociation of Blockchain and Data Center Industry.\u201d<\/p>\n<\/blockquote>\n<p>\\n\\n<\/p>\n<p>According to the association&#8217;s head Alan Dorzhiev, the initiative is in the final stage of discussion.<\/p>\n<p>\\n\\n<\/p>\n<p>ForkLog reached out to the AIFC for comment, but had not received a response at the time of writing.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier it was reported that <a href=\"https:\/\/u1f987.com\/en\/news\/media-kazakh-banks-will-be-allowed-to-open-accounts-for-cryptocurrency-companies\">cryptocurrency companies registered in the AIFC<\/a> will be able to open accounts in Kazakh banks as part of a pilot project.<\/p>\n<p>\\n\\n<\/p>\n<p>Earlier in June, President Kassym-Jomart Tokayev signed a law that provides for the <a href=\"https:\/\/u1f987.com\/en\/news\/kazakhstan-president-signs-law-introducing-an-additional-mining-fee\">introduction of an additional mining fee<\/a>.<\/p>\n<p>\\n\\n<\/p>\n<p>Read ForkLog&#8217;s exclusive on how this decision will affect the migration of Chinese miners to Kazakhstan.<\/p>\n<p>\\n\\n<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news in our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In the Astana International Financial Centre (AIFC) in Kazakhstan, proposals were made to set limits on retail investors&#8217; cryptocurrency purchases.<\/p>\n","protected":false},"author":1,"featured_media":46841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1269,153,36],"class_list":["post-46840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrencies","tag-kazakhstan","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=46840"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46840\/revisions"}],"predecessor-version":[{"id":46842,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/46840\/revisions\/46842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/46841"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=46840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=46840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=46840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}