A crypto city — CryptoCity — will be built in Kazakhstan

Kazakhstan's President Kassym-Jomart Tokayev announced the launch of the CryptoCity pilot project at the plenary session of the International Forum in Astana. This innovative crypto-city will allow the use of cryptocurrency for purchasing goods, paying for services, and other transactions.

The project will be part of a large-scale digital transformation of the country. Kazakhstan plans to become an academic and innovation hub, where branches of foreign universities will be established and international cooperation in the field of R&D will be developed.

Kassym-Jomart Tokayev, President of the Republic of Kazakhstan
We are investing in human capital and expanding opportunities for young specialists. Our primary task is to reduce regional disparities and strengthen the middle class. This is why we continue to strengthen our potential in key sectors—from digital technologies and artificial intelligence to clean energy and high-value-added manufacturing.

Source: Forbes