The National Bank of Kazakhstan has unveiled plans to launch the "Digital Investment Coin" project in early 2025, offering a new way to trade gold investment coins globally.
The National Bank of Kazakhstan has unveiled plans to launch the "Digital Investment Coin" project in early 2025, offering a new way to trade gold investment coins globally.
The initiative will allow users to buy and sell gold investment coins online, anytime and anywhere in the world. The digital coin's value will be calculated in tenge, based on the weight and price of gold as determined by the London Bullion Market Association (LBMA) and the US dollar-to-tenge exchange rate set by Kazakhstan's central bank.
As part of the project, the National Bank has created an exclusive design for a new gold coin named ÚKI. Made of 999.9 fine gold, the coin will weigh 31.1 grams, have a face value of 100 tenge, and feature a design inspired by the "Iconic Animals - Totems of the Nomads" collectible coin series. The coins will be packaged in blister packs for preservation.
This announcement coincides with Kazakhstan's celebration of National Currency Day on November 15, commemorating the tenge as a symbol of national economic sovereignty.
Investment coins, commonly known as bullion coins, are issued by central banks and crafted from precious metals such as gold, silver, platinum, or palladium. They are designed primarily for investment purposes, serving as a secure and tangible savings asset for individuals.
The "Digital Investment Coin" initiative marks a significant step in modernizing Kazakhstan's financial offerings while maintaining its rich cultural heritage in coin design.
Flash floods unleashed by a sudden cloudburst in India’s Himalayan state of Uttarakhand on Tuesday (September 16) swept away villages and marketplac...
Spain’s Foreign Ministry announced it will summon Israel’s charge d’affaires on Tuesday to protest remarks made by Israeli Foreign Minister Gide...
Russian Tu-160 bombers practised launching cruise missiles over the Barents Sea on Tuesday during joint military drills with Belarus, as part of the Z...
Large plumes of smoke were rising in Gaza on Tuesday (September 16) morning, amid reports from Axios citing Israeli officials said that the Israeli mi...
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 16th of September, covering the latest developments you need t...
The volume of water in the Northern Aral has reached 24.1 billion cubic metres, surpassing the 2025 target by a wide margin according to Kazakhstan’s Ministry of Water Resources and Irrigation, which announced that the sea is making a remarkable comeback, and doing so faster than anticipated.
Afghanistan and Kazakhstan have signed a new trade agreement worth $2 million, further expanding economic ties between the two countries.
Kazakhstan and Pakistan have pledged to expand bilateral collaboration between the two countries by signing a mutual agreement hoping to bolster total trade volume to $1 billion.
A Kazakh delegation visited Azerbaijan to strengthen cooperation with the country’s Ministry of Internal Affairs, focusing on security, law enforcement, and regional collaboration.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
On 15 September, President of the Republic of Azerbaijan Ilham Aliyev received Salim bin Mohammed AlMalik, Director-General of ICESCO, in Shusha.
Iran has accused a U.S. delegation in Vienna of threatening the International Atomic Energy Agency (IAEA) of cutting off financial support if a draft resolution tabled by Tehran is passed. This resolution condemns the military attacks on nuclear sites in June.
On September 14, President of the Republic of Azerbaijan Ilham Aliyev visited the Hadrut settlement in the Khojavend district. The head of state was briefed on the developments in the settlement.
On September 14, 2025, Karen Albertovich Avanesyan, an Armenian-born resident of Khankendi, born in 1967, went from his residence to a forest area near the city, where he had previously hidden an AK-47 assault rifle, four magazines filled with ammunition, and five hand grenades.
The inaugural Assembly of the Turkic World Insurance Union has officially begun today in Shusha, Azerbaijan.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment