[Kazakhstan President Signs Decree to Allow Businesses and Government to Use Stablecoins for Cross-Border Payments] According to Bits.media, Kazakhstan President Kassym-Jomart Tokayev has signed a presidential decree on 'Measures to Stimulate and Develop the Digital Asset Industry,' proposing to allow businesses and government agencies to use stablecoins for cross-border payments. The decree states that exploring mechanisms for using crypto assets for payments will 'open additional channels for import and export operations' for Kazakhstan. The decree also plans to exempt individuals from personal income tax for crypto transactions conducted through Kazakhstan's state-regulated infrastructure and encourages the transfer of digital assets previously held on unregulated foreign platforms to domestic service providers. Additionally, the decree restricts the use of associated natural gas for mining, stipulating that this resource can only be used for crypto asset mining when it is 'not required to meet national needs.' The decree was jointly drafted by Kazakhstan's Ministry of Artificial Intelligence and Digital Development, the central bank, and the Astana International Financial Centre.