Kazakhstan's PM urges creation of full-fledged digital mining industry
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BAKU, Azerbaijan, September 15.
Kazakhstan needs to build a full-fledged digital mining industry
focused on energy consumption control, transparent taxation, and
integration into the global digital economy, Prime Minister Olzhas
Bektenov said at a government meeting.
This was announced in a statement published by the
press service of the Kazakh government.
According to the information, in the course of the
meeting, he noted that Kazakhstan ranked among the world's top 10
countries by share of global Bitcoin mining in 2025, according to
international studies.
“Our priority now should no longer be focused on
quantitative growth in mining capacity. State policy in this area
should move toward developing a higher-quality operating model with
control over energy consumption, transparent taxation and
integration of the industry into the global digital economy,” the
press office reported, citing Bektenov.
The Ministry of Artificial Intelligence, together
with the Blockchain and Mining Association and relevant government
agencies, was instructed to develop additional measures for the
sector's development.
The government also called for the creation of a
full-fledged digital mining industry comprising an exchange,
digital tools, tokenization, asset custody and payment
The Ministry of Energy, together with the Ministry of
Artificial Intelligence, was instructed to develop a mechanism for
using gas- and coal-fired power generation to supply mining
Bektenov also called for expanding the use of the
digital tenge, Kazakhstan's central bank digital currency, as an
instrument for modernizing payment infrastructure and improving the
efficiency of the financial system.
“The important result of using the digital tenge is
increased efficiency of government spending. The digital tenge can
become an instrument for developing digital financial services. The
possibility of concluding digital contracts will create
opportunities for automating settlements in public procurement and
corporate transactions. The Ministry of Finance, together with the
National Bank and other stakeholders, needs to work out all
possible measures to expand the use of the digital tenge,” Bektenov
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