Kazakhstan is advancing its plan to build a robust digital asset ecosystem by exploring the creation of dedicated crypto banks. These institutions are expected to provide services like exchange, storage, and transaction support within a regulatory framework, according to The Astana Times. The proposal was made by Prime Minister Olzhas Bektenov in response to Parliament on April 25th. The government aims to further expand the capabilities of existing entities under the Astana International Financial Centre, including cryptocurrency exchanges, custodians, brokers, and digital asset platform operators. Upcoming legislative changes are expected to create a more liberalized environment for digital assets, fostering broader access to platforms and services. President Kassym-Jomart Tokayev has underscored the importance of addressing regulatory gaps and improving infrastructure supporting the digital asset sector. In January, Kazakhstan announced plans to expand its legal cryptocurrency operations, aiming to attract further investment and bolster its standing in the decentralized finance space.