Kazakhstan has officially approved the inclusion of Toncoin in its roster of 107 cryptocurrencies.
Investor interest in the Open Network and its native asset, TON, is on the rise.
An evaluation conducted by Kazakhstan’s Financial Services and Regulatory Committee (AFSA) has verified that Toncoin (TON) meets the listing criteria set by the financial regulator, permitting its trading on regulated exchanges. The Kazakh government has granted official approval for Toncoin to be listed among the 107 cryptocurrencies.
Moreover, a growing number of investors are expressing interest in the Open Network and its native asset, TON. The Open Network enables the use of Mini Apps and in-app purchases through Telegram’s messaging technology and its extensive user base of over 800 million daily active users. In Kazakhstan, the number of active Telegram users stands at 55 million, as reported by TGStat.
Additionally, the TON ecosystem incorporates blockchain gaming, with games like TonPotato, Notcoin, Hamster Kombat, and Notcoin attracting players looking to earn extra income.
The increasing popularity of Hamster Kombat is particularly noteworthy. Various government officials have raised concerns about the game’s growing craze. The National Agency for Perspective Projects (NAPP) in Uzbekistan, responsible for overseeing online businesses and digital commerce, cautioned individuals seeking to profit from the game’s token.
Furthermore, the regulator clarified that they lack jurisdiction over Hamster Kombat’s tokens, as they are not digital assets stored on the blockchain. Presently, playing the game remains legal within the nation. However, the NAPP advised caution, suggesting that individuals might encounter difficulties with token withdrawals if they transition to becoming real digital assets on-chain.
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