PANews reported on April 3rd that according to Bitcoin.com, a delegation from Kazakhstan's financial sector recently visited the United Arab Emirates (UAE) to strengthen cooperation in digital assets and blockchain technology. The visit took place from March 26th to 27th, with delegation members including representatives from the National Bank of Kazakhstan and the Agency for Regulation and Development of Financial Markets (ARDFM), who engaged with key financial institutions and regulatory bodies in the UAE. According to a statement from the National Bank of Kazakhstan, the discussions focused on the expanding digital assets sector, including regulatory frameworks and practical applications of blockchain technology. The National Bank of Kazakhstan signed a Memorandum of Understanding (MoU) with the UAE Central Bank to exchange best practices in financial technology, cybersecurity, and CBDC development.

The delegation also met with the UAE Securities and Commodities Authority to explore integrating Kazakhstan's exchanges, such as the Kazakhstan Stock Exchange and Astana International Financial Centre, with the UAE's Tabadul digital exchange. This collaboration aims to improve stock market infrastructure and facilitate cross-border transactions through blockchain technology. The Kazakhstan delegation also discussed expanding investment cooperation with Mubadala Investment Company and First Abu Dhabi Bank.