Legal regulation of digital assets within international organizations

The study explores the evolving international regulation of digital assets and the harmonization of global standards aimed at ensuring transparency and mitigating risks to the global financial system. Its main objective is to analyze the policies and legal frameworks developed by key international organizations – The Financial Action Task Force (hereinafter – the FATF), International monetary fund (hereinafter – IMF), The Basel Committee on Banking Supervision regulation (hereinafter – BCBS), The international organization of securities commissions (hereinafter – IOSCO), and Organisation for Economic Co-operation and Development regulations (hereinafter – OECD) – and to assess Kazakhstan’s compliance with these standards. The research employs comparative legal analysis, synthesis, and normative methods to evaluate the interaction between international recommendations and national regulation. The paper highlights that the FATF focuses on AML/CFT measures, the IMF emphasizes financial stability and legal certainty, the BCBS introduces prudential standards for banking exposure to cryptoassets, IOSCO advocates investor protection and market integrity, while the OECD stresses taxation and information exchange. Through detailed comparative tables, the author demonstrates how Kazakhstan integrates these global standards, particularly through the AIFC framework, though national regulation outside the AIFC remains underdeveloped. The research is both scientifically and practically significant, offering a structured understanding of international approaches and their influence on Kazakhstan’s digital asset regulation. Its contribution lies in mapping the convergence of global and national legal norms, providing policymakers and regulators with guidance to enhance compliance, stability, and investor protection in the digital asset market.

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