The Kazakh authorities are negotiating with a number of cryptocurrency companies to open their offices in the country.
The named companies include Tether, TON and Telegram.
In addition, Google and EPAM may open their representative offices in Kazakhstan.
The Kazakh government is negotiating with cryptocurrency companies to open offices in the country. Local authorities are also discussing a similar opportunity with major IT corporations.
According to available information, representative offices of the USDT stablecoin issuer, Tether, and the Telegram messenger may appear in Kazakhstan. In addition, the team of The Open Network (TON) project is negotiating the opening of an office.
The country's authorities are also interested in concluding similar agreements with large corporations from the IT sector. Among them are Google and EPAM Systems, but local journalists claim that the issue of opening representative offices is also being discussed with other large companies from this sector.
Cooperation with leading players in the IT and crypto industries will accelerate the development of the technology industry in Kazakhstan, the government believes. In addition, such partnerships will allow creating new products and implementing research ideas, the media notes.
It should be noted that in September 2024, two digital asset companies announced that they had received a license from the Astana Financial Services Authority (AFSA). We are talking about cryptocurrency exchanges Binance and Bybit. This allowed the companies to conduct official activities in the country and expand their customer base.
