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In: Bitcoin Reserve, Kazakhstan, Regulation

Kazakhstan will set up a 2026 state crypto reserve value US$500m–$1b (AU$769m–$1.53b), funded by seized and repatriated digital belongings and mining proceeds. The reserve will keep away from holding tokens straight, as a substitute investing via exchange-traded merchandise and digital-asset-related corporations through the AIFC. The mission aligns with latest legislativeContinue Reading

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In: Bitcoin, Digital Asset, Kazakhstan

President Kassym-Jomart Tokayev announced Kazakhstan’s Strategic Bitcoin Reserve initiative, creating a state fund for digital assets managed by the National Bank’s investment arm. The country is simultaneously rolling out the digital tenge CBDC, already piloted for VAT refunds and infrastructure payments, with full scale-up planned by year-end. A US$1 billionContinue Reading