The National Bank of Kazakhstan is launching the Gold Coin project, a digital version of an investment coin, beginning on March 17, 2025.
The Gold Coin project aims to provide the citizens of Kazakhstan with alternative investment instruments, while also fostering capital growth within the digital economy and modern technological framework.
Each Gold Coin unit is equivalent to 1/20 of a troy ounce of gold, weighing 31.1035 grams. Its value will be based on the gold price set by the London Bullion Market Association (LBMA) and the official exchange rate of the tenge to the US dollar from the day before the purchase or sale.
The new investment instrument will be available through the Tabys mobile application of the Astana International Exchange (AIX). Users will be able to buy, sell, and gift Gold Coins online.
Furthermore, those who accumulate 20 units of Gold Coin can exchange them for a physical ÚKI gold investment coin at National Bank branches nationwide.
The ÚKI coin is made of gold Au 999.9, with a face value of 100 tenge, and weighs 1 troy ounce
A tanker reported being struck by a projectile in the Strait of Hormuz on Saturday, Britain's maritime security agency said, after the United States a...
France said on Saturday it was considering taking reciprocal measures after Burkina Faso broke off diplomatic relations....
Ukrainian-made Flamingo missiles hit a plant producing artillery systems and components for missile launch systems in Russia's Volgograd region overni...
Japan remained on high alert Saturday as Typhoon Mekkhala approached the eastern coast after Typhoon Higos weakened into a tropical depression. Author...
A light aircraft crash into a high-rise building in Beijing's Chaoyang district on Friday killed one person and injured 13, the district government sa...
Kazakhstan has not received an official request from Russia for petrol supplies, Energy Minister Yerlan Akkenzhenov said, as fuel shortages and sales restrictions in Russia raise concerns over fuel supplies across Central Asia.
Russia is in talks with Kazakhstan over possible petrol imports after refinery disruptions tightened domestic fuel supplies, four industry sources told Reuters.
Kazakhstan secured agreements and investment commitments worth $12 billion during President Kassym-Jomart Tokayev's official visit to Brussels on 22–23 June, underlining the growing economic importance of ties between the European Union and Central Asia's largest economy.
Ukraine said its forces had struck key energy installations inside Russia, including a gas processing plant and a helium facility in the Orenburg region, as drone assaults increased across multiple areas.
Tens of thousands of people are still unaccounted for after two powerful earthquakes struck Venezuela. At least 589 people have been confirmed dead and hundreds are believed to be trapped under rubble, as emergency crews and international rescue teams race to respond.
The U.S. Senate rejected a resolution on Wednesday that would have directed President Donald Trump to remove U.S. forces from hostilities against Iran unless Congress formally authorised military action.
ANEWZ can exclusively report that European Commission President Ursula von der Leyen is expected to visit Azerbaijan on 1 July.
Belarusian President Alexander Lukashenko has warned Ukraine not to try to draw his country into the war, saying any such move would change the conflict "instantly".
At least 188 people have been killed and 1,520 injured after powerful earthquakes struck Venezuela, Acting President Delcy Rodríguez said. The quakes caused widespread destruction around Caracas, collapsing buildings and trapping residents, with fears the toll could rise significantly.
Apple is facing a £3 billion lawsuit in the United Kingdom after a competition tribunal approved a major collective action over its iCloud storage service.
China has opened its market to cashew nuts from all African countries with diplomatic relations with Beijing, removing a long-standing barrier that had restricted exports from much of the world's largest cashew-producing continent.
Media leaders from across Europe gathered in Vienna this week for the annual European Publishing Congress.
Amazon founder Jeff Bezos has said artificial intelligence will ultimately lead to labour shortages rather than widespread unemployment, pushing back against growing fears that AI will replace human workers.
French department store BHV and online fast-fashion retailer Shein have ended their partnership, seven months after the launch of a permanent Shein shop in Paris triggered controversy and widespread criticism.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment