Kazakhstan Moves To Create A National Crypto Reserve With Seized Digital Assets

Kazakhstan is preparing to launch a state-run crypto reserve as the National Bank of Kazakhstan confirmed plans to create a national crypto reserve. The fund will likely be made of seized digital assets and government-linked mining operations. The announcement came from the government news agency Kazinform on 25 June 2025. National Bank Chairman Timur Suleimenov.. The post Kazakhstan Moves To Create A National Crypto Reserve With Seized Digital Assets appeared first on 99Bitcoins.

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Jul 1, 2025 - 10:00

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Kazakhstan is preparing to launch a state-run crypto reserve as the National Bank of Kazakhstan confirmed plans to create a national crypto reserve. The fund will likely be made of seized digital assets and government-linked mining operations.

The announcement came from the government news agency Kazinform on 25 June 2025. National Bank Chairman Timur Suleimenov acknowledged the internet volatility and risks associated with crypto. However, he argued that placing the crypto reserve under the control of a centralized institution would ensure proper oversight and mitigate potential dangers.

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