Kazakhstan: Legislative proposal for regulation of digital technologies

Kazakhstan: Proposal for regulation of digital assets

Draft legislation concerning digital technologies is pending consideration by the parliament.


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The draft law is intended to create a legal framework for the regulation of new digital technologies, including blockchain technologies, robotics, big data analyses, and video monitoring systems. The draft law also would establish legislative norms for digital assets, and would define two categories of digital assets:

  • Secured digital assets that digitally certify property rights to goods or services
  • Unsecured digital assets received as remuneration, but not including cryptocurrencies or virtual currencies that are not secured by real assets

The draft legislation does not provide for the separate tax treatment of activities related to blockchain technologies, but these would be subject to tax rules established under the tax law.

For more information, contact the head of KPMG’s Global Indirect Tax Services:

Lachlan Wolfers | +852 2685 7791| lachlan.wolfers@kpmg.com

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