Article 5. Types of digital financial assets of the Law on Digital Assets in the Republic of Kazakhstan

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The types of digital financial assets are:

1) digital financial assets, the underlying asset of which is money (stablecoin);

2) digital financial assets, the underlying asset of which are financial instruments (including securities, including derivative securities, derivative financial instruments, other digital financial asset), financial assets, property rights (claims), goods and (or) other property, with the exception of money;

3) financial instruments issued in electronic and digital form on the digital platform of the operator of the digital financial assets platform.

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Republic of Kazakhstan

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