Central Asia fintech news
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ARDFM sets separate 5% capital limit for stablecoins in banks
Kazakhstan’s regulator singles out crypto assets in financial instability indicators for the first time, capping their share in capital.
Market Signals: Week of August 6–13
Key fintech events in Central Asia: from KASE halting US Treasury trades to new crypto licenses in Uzbekistan
ARDFM tightens bank state aid return rules: threshold raised from 66% to 100%
The Kazakh regulator has set tiered repayment deadlines based on the aid amount
EU sanctions on Zolotaya Korona reshape Kazakhstan's money transfer market
Following the block on the system that controlled 83% of outbound transfers, Kazakhstanis will have to switch to Western Union and MoneyGram
ARDFM requires Kazakh bank shareholders to plan business rescues ahead of crises
The regulator is changing its approach to financial recovery plans. Bank owners must document available funds for emergency recapitalization and regularly simulate crisis scenarios.
Kazakhstan and China agree on memorandum between banking and financial associations
NBK and People’s Bank of China to expand cooperation in regulation and professional development
Kaspi beats Halyk in AI visibility ranking: how neural networks choose Kazakh banks
A study shows artificial intelligence recommends financial products based on media coverage, ignoring the official websites of half the banks.
Intel's Lip-Bu Tan invests in AI startup NaceAI with Kazakh roots
Bakytzhan Dosa’s project attracts global venture capital. The deal size remains undisclosed, but the move confirms interest in B2B solutions from Central Asia.
Islamic securities debut on KASE as a new asset class for investors
Kazakhstan Stock Exchange adds Islamic instruments to its trading registry
Kazakhstan and China sign three-year currency swap
The National Bank of Kazakhstan and the People’s Bank of China have signed a three-year currency swap agreement to support bilateral trade.
Kaspi.kz completes acquisition of Rabobank A.Ş. in Turkey
A second Kazakh fintech giant expands into the Turkish market with a full banking license
Freedom Holding Completes Turkish Bank Acquisition, Launches Freedom Bank A.Ş. in Turkey
The NASDAQ-listed Kazakh company brings its SuperApp ecosystem model to the Turkish market.