News with the tag "Kazakhstan"

Timur Suleimenov, chairman of the National Bank of Kazakhstan, noted that the institution was considering the creation of such a reserve based on international practices, starting with expropriated cryptocurrency and mined assets from companies with state participation. Kazakhstan Will Have a Crypto...

Kazakhstan’s National Bank (NBK) has begun designing what could become the country’s first sovereign crypto-asset reserve, signalling a shift from piecemeal digital-asset oversight toward full-fledged strategic portfolio management. In a written response to a parliamentary inquiry, NBK Chairman Timu...

Kazakhstan’s National Bank is actively developing a framework to establish a state cryptocurrency reserve, financing the initiative with assets confiscated in criminal cases and coins mined by state-owned operations. The nation’s central bank governor, Timur Suleimenov, stated that the reserve could...

Kazakhstan has officially announced plans to establish a state crypto reserve, with National Bank Chairman Timur Suleimenov revealing that confiscated criminal assets and state-backed mining operations will serve as primary funding sources. Suleimenov outlined that the reserve will follow internatio...

BitcoinWorld Kazakhstan Crypto Reserve: Unlocking a Bold Future for National Digital Assets Imagine a nation not just embracing digital assets, but actively building a strategic reserve of them. This isn’t science fiction; it’s the exciting reality unfolding in Kazakhstan. The recent revelation from...

Kazakhstan plans to establish a state crypto reserve, contingent on the creation of a legal framework to govern its formation and management. Kazakhstan’s National Bank is currently working on a detailed concept for forming and managing the reserve, potentially within a bank-affiliated entity focuse...