Kazakhstan plans national crypto analytics center to track digital asset flows

Kazakhstan has announced plans to establish a National Cryptocurrency Analytics Center that will monitor digital asset transactions across fiat payments, crypto transfers, wallets and customer data. Summary Kazakhstan will establish a National Cryptocurrency Analytics Center to monitor fiat and crypto transactions, wallets and client information. The center will be built on the National Bank’s SupTech platform and integrated with its existing Anti Fraud Center. Banks, law enforcement agencies and licensed digital asset providers will receive access to the center’s verification tools. Kazakhstan has expanded regulated crypto services while taking enforcement action against unlicensed digital asset platforms. Qazinform News Agency reported on Sept. 15 that National Bank of Kazakhstan Chairman Timur Suleimenov disclosed the plan during a government meeting, saying the center would be built on the central bank’s SupTech supervisory platform. The system will analyze both the fiat and cryptocurrency components of transactions, along with information on clients, wallets and individual transfers. Banks, law enforcement agencies and licensed digital asset providers will have access to verif...