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14th July 2017 - Kazakhstan’s Astana International Financial Center (AIFC) has announced the creation of a working group to develop an ecosystem to enable FinTech and blockchain solutions for the CIS region, in collaboration with Deloitte and Waves, Ukrainian law firm Juscutum and Kesarev Consulting. “The AIFC aims to become a most favorable FinTech jurisdiction with an open ecosystem and the most progressive regulating framework. We thank our partners for the support given to our blockchain regulatory development initiative. In the next phase of the project, our working team will be looking at widening the participation to include other industry stakeholders”, said Nurlan Kussainov, CEO of AIFC Authority. “Kazakhstan became the second country in the world, after Japan, which recognized the need for the development of the cryptocurrency market system at the governmental level. The development of the digital currency market on the basis of the Astana International Financial Center is the first step towards a creation of a full-fledged ecosystem for the digital economy in Kazakhstan,” said Natalia Sheiko, partner of Kesarev Consulting. Read More

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