of February 6, 2023 No. 193-VII ZRK
About digital assets in the Republic of Kazakhstan
In this Law the following basic concepts are used:
1) secure digital asset - the digital asset registered by means of digital platform on storage and exchange of secure digital assets, conforming to requirements imposed to secure digital asset;
2) digital platform on storage and exchange of secure digital assets - set of the information and communication technologies constructed on the basis of the distributed platform of the data realizing certain information exchanges and intended for the solution of the specific functional objectives giving opportunity of information exchange;
3) unsecured digital asset - the digital asset which is not conforming to requirements imposed to secure digital asset;
4) digital asset - the property created in electronic and digital form with assignment of digital code, including using means of cryptography and computer calculations, not being settlement monetary unit and (or) legal means of payment, registered and provided with information invariance on the basis of technology of the distributed platform of data;
5) the exchange of digital assets - the digital platform performing organizational and technical supply of the biddings, release, the address and storage of digital assets;
6) authorized body in the field of digital assets (further - authorized body) - the central executive body performing management and cross-industry coordination in the field of digital assets;
7) digital mayner - the individual entrepreneur or the legal entity of the Republic of Kazakhstan performing activities for digital mining;
8) digital mining - the process of carrying out computing transactions with use of computer capacities according to the set algorithms of enciphering and data processing providing confirmation of integrity of blocks of data by means of blokcheyn;
Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info
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