Tokayev announces creation of CryptoCity in Kazakhstan

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Tengrinews.kz – Speaking at the opening of the plenary session of the Astana International Forum (AIF), President Kassym-Jomart Tokayev announced the creation of an innovative CryptoCity zone in Kazakhstan, according to Akorda.

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Tengrinews.kz – Speaking at the opening of the plenary session of the Astana International Forum (AIF), President Kassym-Jomart Tokayev announced the creation of an innovative CryptoCity zone in Kazakhstan, according to Akorda.

“We plan to establish a pioneering pilot zone called CryptoCity, where cryptocurrencies can be used to purchase goods, services, and for other purposes,” the President stated.

Kassym-Jomart Tokayev also reminded that Kazakhstan is launching the most powerful supercomputer, which has already been delivered to the country.

“We are investing in human capital and expanding opportunities for young professionals. Our top priority is to reduce regional disparities and strengthen the middle class. That is why we continue to build our capacity in key sectors — from digital technologies and artificial intelligence to clean energy and high value-added production,” said Tokayev.

According to the Head of State, Kazakhstan has made significant progress in digital transformation, reflecting the country’s ambition to become an IT hub of Eurasia.

“We are placing special emphasis on artificial intelligence. Our goal is to become an academic and innovation hub, home to branches of foreign universities and research and development partnerships,” said the President.

The Astana International Forum is a platform for dialogue among representatives of governments, international organizations, major companies, and academia to address the most pressing global challenges—from the economy and security to ecology and climate.

The theme of the forum is: “Connecting Minds, Shaping the Future.”

The event is taking place on May 29–30, 2025.

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