The National Bank of Kazakhstan plans to limit the amount individuals can spend on digital shares in companies and real estate. Kapital.kz reports this, citing an interview with the regulator’s deputy chairman Binur Zhalenov by the Kazinform agency.
According to Binur Zhalenov, initial restrictions are necessary to protect retail investors from market risks. Specific limit amounts in tenge have not yet been disclosed. Access to token purchases will be organized through licensed platforms and standard payment apps.
The Kazakhstan Stock Exchange (KASE) serves as the placement platform, having received the status of a digital financial asset platform operator and a digital asset trading platform. The first digital issues are expected to become available to investors soon. Finteqstan previously reported that the National Bank of Kazakhstan placed short-term notes in tokenized form on KASE.
The National Bank, together with the Baiterek holding and the Samruk-Kazyna fund, is forming a list of projects for investment. The first stage focuses on large infrastructure, logistics, and construction facilities.
Projects in Alatau City are being considered as starting pilots: the Iconic Tower multifunctional complex with a tokenization volume of up to $50 million and the Birlik logistics center for up to $10 million.
In parallel, the regulator notes interest from international technology companies. Currently undergoing registration with the National Bank, they plan to launch projects for the tokenization of raw materials, including oil.