Kazakhstan to establish a national cryptocurrency analysis center

BlockBeats news, September 15, according to Kazakhstan's official news agency Kazinform, the Chairman of the National Bank of Kazakhstan, Timur Suleimenov, stated at a government meeting that Kazakhstan will establish a national cryptocurrency analysis center to monitor transactions involving digital assets.

Timur Suleimenov said that the center is built on the National Bank's regulatory technology platform. It will analyze the fiat and cryptocurrency components of transactions, as well as information about customers, wallets, and transactions. The center will also integrate with the National Bank's anti-fraud center, and banks, law enforcement agencies, and licensed digital asset providers will be able to use its verification tools.