Kazakhstan proposes digital currency cooperation with Türkiye

Akylzhan Baimagambetov, Deputy Governor of the National Bank of Kazakhstan, has expressed interest in strengthening cooperation with Türkiye regarding digital currency. Speaking at the Istanbul Economy Forum held at the Istanbul Finance Center, Baimagambetov stated that Kazakhstan possesses extensive experience in digital currency and is prepared to share its expertise, while also expressing a desire to learn from Türkiye’s experiences.

During a panel discussion on balancing growth amidst trade uncertainty, Baimagambetov addressed global economic challenges, including potential disruptions to trade routes and customs policies due to conflicts and the possible closure of the Strait of Hormuz. He noted that such developments could lead to permanent rather than short-term economic shocks. Additionally, he commented on the resilience of the global economy despite uncertainties surrounding international trade tariffs.