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Most countries are actively exploring the possibility of adapting cryptocurrencies to the current financial system structure. At the same time, we see each country taking independent actions on this issue. These different actions will lead to inefficiencies, and it is necessary to start formulating common rules.
He emphasized that there is an increasing disregard for regulations, indicating the need for countries to reach a consensus that aligns with reality.
Nazarbayev also proposed establishing a G-Global gathering place at the United Nations base to discuss the "new world trade order."
The concept of G-Global is similar to G20, but its members cover the entire globe. Nazarbayev said:
It is necessary to establish new effective mechanisms for dialogue between countries. I have attended meetings in the form of G7, G20 more than once, and in my opinion, they cannot encompass a global perspective. Therefore, we propose the G-Global initiative, which will allow us to take into account the opinions and interests of all countries.
Nazarbayev's statements may be driven by the growing interest in cryptocurrencies within Kazakhstan. A study released by the search engine Yandex in March indicated that Kazakhstan searches more frequently for keywords related to cryptocurrencies compared to 2018.
Last fall, the Astana International Financial Centre (AIFC), supported by the Kazakh government, signed a cooperation agreement with Maltese firm Exante to develop Kazakhstan's digital asset market. Also in the fall, the "Blockchain and Cryptocurrency Association" of Kazakhstan applied for a license to become a legal entity and begin formal activities. |
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Post time 5-12-2023 06:57:02