3.11.1. Investment limits

A Digital Asset Service Provider must maintain effective systems and controls to ensure its compliance with the requirements and limits imposed by the Rules on Currency Regulation and Provision of Information on Currency Transactions in the AIFC when dealing with a Retail Client who is a resident of the Republic of Kazakhstan.

3.11.2. Calculation of an individual Client’s net assets

(1) For the purposes of calculating an individual Client’s net assets to treat him as an Assessed Professional Client under Rule 2.5.1(a) of the COB, the Digital Asset Service Provider:

(a) must exclude the value of the primary residence of the Client;

(b) must exclude Digital Assets belonging to the Client that are not admitted to trading;

(c) must include only 30% of the market value of a Digital Asset admitted to trading, which belongs to the Client, but must include 100% of the market value of Fiat and Commodity stablecoins backed by reserves, which belong to the Client; and

(d) may include any other assets held directly or indirectly by that Client.