
Uzbekistan Allows Government Bonds as Stablecoin Collateral
Uzbekistan expands stablecoin collateral rules to include government bonds, tightening protections for digital asset holders under a new regulatory framework.

Uzbekistan expands stablecoin collateral rules to include government bonds, tightening protections for digital asset holders under a new regulatory framework.

Starting in 2027, Kazakhstan will change pension savings payout rules. Citizens can transfer up to 100% of savings to private managers. More on infohub.kz.

BAIC to start production of five SUV and crossover models in Kazakhstan at the SaryarkaAvtoProm plant in Kostanay. Details on BJ60, BJ40, BJ30, X35, X55.

The US dollar surged sharply on KASE on July 24, reaching 476.07 tenge, a rise of nearly 10 tenge in one day. The national currency weakened. Full details on infohub.kz.

A new banking law in Kazakhstan reduces the maximum deposit payout period from 35 to 20 business days. The KFGD has already paid 38 billion tenge within just 6-8 days.

Financial holding Republic posted 1.6 billion tenge in net profit for 2025. Major shareholder Yerkin Koshkinbayev. Subsidiaries in Kazakhstan and Kyrgyzstan.

Kazakh central bank chairman says banks reluctant to adopt unified QR, preferring own systems. National Bank pushed project, large banks supported.

Kazakhstan's auto parts production jumped 52.7% in H1 2026 to 327.8M tenge, driven by localization projects in Kostanay and Almaty aiming for 51% local content.

Bank of Russia unexpectedly cuts key rate to 14%, catching analysts off guard. It also raised 2026 inflation forecast to 6-7% from 5.1-5.6%, citing fuel costs.

Damu Fund executive pay rose to 315.4M tenge in 2025, up 34.9% from 2024, but average per board member fell 3.7% as board expanded from 5 to 7 members.

The unified SME program 'Isker aimaq' has approved over 300 projects worth over 21 billion tenge in Kazakhstan. In 2026, funding is planned to increase to 400 billion tenge.

OPEC+ may agree to increase oil production by 188,000 bpd from September. Decision pending August 2 meeting. Prices near $100 amid Middle East tensions.

The National Bank does not expect sharp tenge fluctuations due to CPC oil export halt but is ready to act. CPC handles 80% of Kazakhstan's oil.

The National Bank of Kazakhstan responds to the fine on its deputy chair for non-compliance with a Higher Audit Chamber order to recover bonuses. It says it is taking necessary measures but cites confidentiality.

Kazakhstan central bank cuts base rate by 0.25 points after heated debate. Governor Suleimenov cites inflation drop from 30% to 10% but warns of external risks.

Chocolate prices in Kazakhstan surged 30.3% YoY due to rising production costs, low factory use (52.2%), and expensive imports. Read more at infohub.kz.

Imports accounted for 60% of Kazakhstan's chocolate market in Jan-May 2026, with price hikes on foreign goods driving cost increases. Russia supplied 73.6%.

Almaty accounts for 42.3% of Kazakhstan's motor vehicle output in H1 2026. With Kostanay Region, they make over 80%. New plants and investments fuel growth.

In the first half of 2026, chocolate prices in Kazakhstan rose by nearly a third, with CPI hitting 130.3%. Detailed analysis of price trends from infohub.kz.

Kazakhstan's socially significant food prices fell 0.1% in late July, the first drop this year. Annual inflation slowed to 10.3% in June. Government rolls out subsidy and rail discount measures.

Gold prices dropped 2.1% to $4,043.14 on Thursday from a two-week high as oil surged near $100 and Fed rate hike bets rose. Focus on next week's Fed meeting.

Global oil prices rally as Kazakhstan cuts output after drone attacks and Houthi strikes in Red Sea threaten shipping. Brent crude nears $100 per barrel, weekly gain over 13%.

Real wages in Kazakhstan fell 2.3% in Q1 2026 due to inflation, with IT, education, and hospitality hit hardest. Agriculture and finance saw growth, per BCC Invest.

In 2025, Kazakhstan exported $16.9 billion in critical raw materials, with China as top buyer. Deep processing is key to higher revenue, analysts say.