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Kazakhstan to Establish State Crypto-Reserve Under Central Bank Oversight
Kazakhstan to Establish State Crypto-Reserve Under Central Bank Oversight
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BTCCSquare news:
Kazakhstan is advancing its integration of digital assets into national financial strategy with plans to create a state-managed crypto-reserve. National Bank Chairman Timur Suleimenov confirmed the initiative, which will be developed under the supervision of a central bank affiliate. The framework prioritizes institutional rigor, transparency, and alignment with global sovereign asset management standards.
The reserve may draw funding from state-involved mining operations and expropriated crypto-assets, mirroring strategies seen in emerging economies. This MOVE positions Kazakhstan among jurisdictions exploring centralized control of digital assets as part of broader financial infrastructure.
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