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.
As global tensions rise, Kazakhstan's leadership navigates a delicate geopolitical balance between Russia, China, and the West, aiming to turn its strategic location into a platform for cooperation, reform, and innovation.
Leaders of Central Asian countries and Italy convened in Astana for the first Central Asia–Italy summit, culminating in the adoption of a Joint Declaration aimed at deepening political, economic, and cultural cooperation.
Kazakh President Kassym-Jomart Tokayev and Italian Prime Minister Giorgia Meloni adopted a joint statement to expand their strategic partnership following talks held on Friday in Astana.
Italian Prime Minister Giorgia Meloni described Kazakhstan as an “strategic partner” in Central Asia during a meeting with President Kassym-Jomart Tokayev in Astana, according to a statement from the Kazakh presidency issued today.
Tengizchevroil, a leading company in Kazakhstan, has officially announced the appointment of William Lacobie as its new General Director. He will assume the role on June 10, 2025.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 1st, covering the latest developments you need to know.
Türkiye’s first floating natural gas production platform, Osman Gazi, reached Filyos Port in Zonguldak on May 31.
Authorities in Whatcom County, Washington, issued a warning Friday after a truck carrying honey bee hives overturned near the Canadian border, initially prompting fears that millions of bees had been released.
German Chancellor Friedrich Merz will travel to Washington next week to meet U.S. President Donald Trump.
Landslides and flash floods caused by days of heavy monsoon rain have killed at least 22 people in India’s northeast, officials said.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
Taxi drivers across France are protesting government plans to cut payments for driving patients to medical appointments. These cuts are part of a broader effort by Prime Minister François Bayrou to save €40 billion in the 2026 budget and reduce the country’s large deficit.
Iran’s Foreign Minister Abbas Araqchi spoke by phone with IAEA Director Rafael Mariano Grossi, warning that any political actions against Iran at next week’s Board of Governors meeting would have consequences.
Iran said on Saturday that it has officially received a new nuclear deal proposal from U.S. President Donald Trump, delivered by Oman during a diplomatic visit to Tehran.
Hamas said on Saturday it had officially responded to a ceasefire plan put forward by U.S. envoy Steve Witkoff, who represents President Donald Trump in Middle East diplomacy. The group said its reply includes a key demand: a complete end to the war.
Saudi Arabia and Qatar will provide joint financial support for Syrian state employees, Saudi Foreign Minister Prince Faisal bin Farhan announced during a visit to Damascus, as regional efforts to support Syria’s reconstruction gain momentum.
As global tensions rise, Kazakhstan's leadership navigates a delicate geopolitical balance between Russia, China, and the West, aiming to turn its strategic location into a platform for cooperation, reform, and innovation.
Start your day informed with AnewZ Morning Brief: here are the top news stories for June 1st, covering the latest developments you need to know.
Türkiye’s first floating natural gas production platform, Osman Gazi, reached Filyos Port in Zonguldak on May 31.
Authorities in Whatcom County, Washington, issued a warning Friday after a truck carrying honey bee hives overturned near the Canadian border, initially prompting fears that millions of bees had been released.
German Chancellor Friedrich Merz will travel to Washington next week to meet U.S. President Donald Trump.
Landslides and flash floods caused by days of heavy monsoon rain have killed at least 22 people in India’s northeast, officials said.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment