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 verification tools offered through the center, Suleimenov said.
The National Cryptocurrency Analytics Center will be integrated with the National Bank’s Anti-Fraud Center, putting digital asset monitoring alongside an existing system used by financial institutions and government bodies to identify suspicious financial activity.
Kazakhstan crypto analytics center will use SupTech platform
The National Bank has been developing its SupTech platform as a centralized system for supervising digital asset markets and payment organizations.
In an August update on its 2025–2029 digitalization and data management strategy, the central bank said the platform covers the supervisory process from maintaining registries and profiles of regulated entities to analyzing reports, conducting blockchain analytics and automating supervisory actions. The National Bank planned to move the full supervisory cycle to the system during the second half of 2026.
The same platform is now set to provide the technical base for the cryptocurrency analytics center, allowing transaction information to be assessed alongside customer and wallet data.
Kazakhstan has been expanding state oversight of cryptocurrency activity while allowing digital asset services to operate through regulated channels. crypto.news previously reported in January that authorities had blocked more than 1,100 online platforms offering cryptocurrency exchange services without authorization during 2025.
The enforcement campaign included measures against illegal exchange points and unlicensed crypto services as authorities sought to direct trading toward regulated operators.
Kazakhstan had taken similar action a year earlier. Financial authorities liquidated 36 illegal crypto platforms with combined turnover of 60 billion tenge during 2024 and seized 4.8 million USDT from unauthorized operators. Officials said at the time that platforms without proper anti-money laundering and Know Your Customer controls were being used for activities including fraud and drug trafficking.
Anti-Fraud Center will connect with crypto monitoring
The National Cryptocurrency Analytics Center will work alongside infrastructure that the National Bank has operated since August 2024.
The Anti-Fraud Center was launched with law enforcement agencies and financial market participants to help organizations detect and block fraudulent transactions. Its system lets participating institutions exchange information in real time and maintains a centralized database of activity linked to suspected fraud.
Participation has expanded since its launch. More than 200 organizations, including banks, microfinance companies, telecom operators and government agencies, had connected to the platform by July 2025.
The National Bank has since increased the center’s analytical capabilities. As of Jan. 1, 2026, the system had registered 80,871 incidents involving transactions with signs of fraud and roughly 19,810 incidents connected to drug trafficking, illegal gambling and financial pyramid schemes.
Authorities had blocked 2.8 billion tenge through the system by that point, while more than 500 million tenge had been returned to people affected by fraud.
Work during 2025 expanded links between the Anti-Fraud Center, the Prosecutor General’s Office, the Interior Ministry and telecom operators. The central bank has been developing artificial intelligence tools for behavioral analysis and early detection of suspicious customer activity.
A pilot project on session-based analysis was planned to examine user behavior inside financial applications, identify anomalies and test predictive fraud detection. The National Bank said the work would include safeguards covering personal data and the technical handling of behavioral information.
Connecting the cryptocurrency analytics center to this infrastructure will give participating banks, licensed digital asset providers and law enforcement bodies access to verification tools covering both conventional and crypto transactions.
Kazakhstan has expanded regulated crypto services
The monitoring project follows a series of measures that have brought more cryptocurrency activity under regulated financial infrastructure.
Bybit Kazakhstan launched the country’s first regulated P2P platform in November 2025 under an Astana Financial Services Authority license. The system requires users to complete identity checks, while fiat payments are routed through corporate bank accounts belonging to licensed financial institutions instead of personal accounts.
Transactions on the platform are supervised by Bybit Kazakhstan and participating financial institutions. During its initial rollout, users made fiat transfers through verified Halyk Bank cards, with checks covering names, individual identification numbers and banking information.
Kazakhstan has separately experimented with using stablecoins inside regulated financial services. The Astana Financial Services Authority began a pilot in September 2025 allowing eligible firms to pay regulatory fees using U.S. dollar-pegged stablecoins through approved agents.
The National Bank has pursued state investment in digital assets at the same time. Kazakhstan plans to use cryptocurrencies confiscated in criminal cases as one source of assets for a national crypto reserve.
The National Investment Corporation, the central bank’s investment arm, said earlier this year that it had earmarked $350 million from foreign currency and gold reserves for crypto-related investments. The corporation planned to gain exposure through hedge funds instead of directly purchasing cryptocurrencies and had shortlisted five funds for the program, according to reserve plans disclosed in January.
State crypto plans extend to mining and payments
Kazakhstan has continued developing the reserve through its domestic mining industry.
Under rules approved this year, licensed Bitcoin miners can receive additional electricity capacity when they contribute part of their mined cryptocurrency to the state reserve. The framework links electricity access with participation in the government-backed reserve program.
Kazakhstan remains one of the world’s largest Bitcoin mining jurisdictions following the migration of miners from China after its 2021 crackdown. The Cambridge Digital Mining Industry Report ranked the country fifth globally by Bitcoin mining activity in April 2025.
Regulated cryptocurrency payments have been tested alongside the reserve program. Alatau City Bank partnered with Binance Kazakhstan in July to introduce Crypto Pay, allowing customers to make purchases using cryptocurrency through QR codes and point-of-sale terminals connected to the bank’s acquiring network.
The country’s enforcement policy has continued alongside those programs. Kazakhstan’s earlier crypto exchange crackdown targeted platforms operating outside its licensing framework, while authorities have frozen cryptocurrency and shut down illegal over-the-counter services linked to unauthorized trading.
The National Bank’s existing Anti-Fraud Center has continued expanding during that period. Its development program includes predictive analytics, session-based monitoring and integration with government and telecom databases, while the new National Cryptocurrency Analytics Center will extend transaction analysis specifically to fiat and cryptocurrency flows, client information and digital asset wallets.
