KABC, AIFC to cooperate on green finance, blockchain technology and crowdfunding

ASTANA – The Kazakhstan Association of Blockchain and Cryptocurrency (KABC) and Astana International Financial Centre (AIFC) signed Dec. 11 a memorandum of cooperation covering fintech, green finance, asset management, development of a crowdinvesting environment, ICO and crowdfunding, as well as the blockchain technology.

Photo credit: 365info.kz

Photo credit: 365info.kz

This is definitely an important milestone for KABC and for the entire blockchain industry. The MoU signed today confirms that this topic is on the AIFC’s radar as well. We hope that the signing of this agreement will further boost the development of applications of the blockchain technology in our country. We, as an association, will direct all our efforts to encouraging our members to launch new projects within the AIFC’s platform,” said Eset Butin, chairman of KABC.

Butin and AIFC board chairman Nurlan Kussainov signed the document.

Kazakhstan Association of Blockchain and Cryptocurrency (KABC) was founded earlier this year in Almaty.