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PortalCrypt / latest crypto news / Kazakhstan launches Solana Economic Zone to boost blockchain

Kazakhstan launches Solana Economic Zone to boost blockchain

by Editor
23/06/2025
in latest crypto news
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  • Solana Economic Zone reaches Central Asia
  • Kazakhstan invests in blockchain and Web3 technology
  • Cryptocurrency hub supported by the Solana Foundation

Kazakhstan has taken a strategic step by launching Central Asia’s first Solana Economic Zone (SEZ), cementing its ambition to become a development hub for blockchain and cryptocurrency technologies in the region.

The Solana Foundation has signed an MOU with Kazakhstan's MDAI following the launch of the first Solana Economic Zone in Central Asia 🇰🇿

This partnership will advance tokenized capital markets, crypto developer education, and resources for Solana startups based in the region. pic.twitter.com/TgR0SDN66H

— Solana (@solana) June 21, 2025

The official announcement was made during the 2025 International Forum, held in the country, and is in line with the Memorandum of Understanding (MoU) previously signed between the Kazakh government and the Solana Foundation. This initiative comes shortly after a similar move in Dubai, reinforcing Solana’s focus on fostering regulatory and institutional innovation globally.

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According to the Ministry of Digital Development, Innovations and Aerospace Industry (DMAI), the SEZ will act as an experimentation ecosystem for blockchain startups, tokenization projects and regulatory testing. The model follows the successful Dubai Multi Commodities Centre (DMCC) framework, offering legal clarity and infrastructure support to companies in the sector.

As part of the agreement, a pilot project for tokenized capital markets will be launched involving institutions such as the Astana International Exchange (AIX), Jupiter, Intebix and the Solana Foundation itself. The goal is to integrate tokenized assets into the Kazakh financial system through blockchain.

In addition, the implementation of a national training program aimed at developers is planned, with a focus on the Rust language and blockchain engineering, expanding technical training in Web3 and promoting the emergence of local talent in the sector.

“We are committed to building a competitive digital environment,” said Minister of Digital Development Zhasian Madiyev. “The Solana Economic Zone will serve as a platform for testing asset tokenization and training the next generation of blockchain developers.”

Kazakhstan’s strategy to support regulatory and educational infrastructure focused on cryptocurrencies reinforces its position as a candidate for a regional hub for decentralized innovation, at a time when several jurisdictions are seeking to take a leading role in the blockchain sector.

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
Tags: KazakhstanSolana (SOL)

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