[Coin World] On July 29 (UTC+8), the National Bank of Kazakhstan and representatives of the parliament jointly proposed the establishment of a national-level Crypto Assets reserve, planning to incorporate seized Crypto Assets and revenues from crypto mining into the state reserve system. This proposal is inspired by the Norwegian Oil Fund and the U.S. sovereign wealth model, aiming to strengthen national fiscal resilience through digital assets. This move marks Kazakhstan's acceleration in promoting its digital finance strategy and incorporating Crypto Assets into the framework of national sovereignty tools.
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Kazakhstan plans to establish a national-level encryption asset reserve, incorporating mining revenues and seized assets.
[Coin World] On July 29 (UTC+8), the National Bank of Kazakhstan and representatives of the parliament jointly proposed the establishment of a national-level Crypto Assets reserve, planning to incorporate seized Crypto Assets and revenues from crypto mining into the state reserve system. This proposal is inspired by the Norwegian Oil Fund and the U.S. sovereign wealth model, aiming to strengthen national fiscal resilience through digital assets. This move marks Kazakhstan's acceleration in promoting its digital finance strategy and incorporating Crypto Assets into the framework of national sovereignty tools.