Kazakhstan to Launch Digital Asset Law and Crypto Reserve by 2026

Kazakhstan is positioning itself as a forward-thinking player in the digital asset space with plans to establish a national cryptocurrency reserve and a comprehensive legal framework by 2026. President Kassym-Jomart Tokayev has underscored the strategic importance of digital assets in revitalizing the country's economy, proposing a State Digital Asset Fund under the National Bank's oversight.

The initiative aims to create a fully regulated ecosystem for tokenized assets and fintech platforms, fostering innovation and competition. Tokayev emphasized the National Bank's pivotal role in this transition, signaling a structured approach to integrating cryptocurrencies into the financial system.

Further ambitions include the development of "CryptoCity," a hub leveraging crypto for payments and technological advancement. This move aligns with global trends of institutional adoption, though specific coins or exchanges were not directly referenced in the announcement.