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Kazakhstan Mulls National Crypto Reserve

Central Bank examines allocating seized and state-mined crypto into national reserves
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Jul 14, 2025 • 1 min read

Kazakhstan’s National Bank is exploring a bold proposal to include cryptocurrencies—sourced from law-enforcement seizures and state-backed mining—within its sovereign reserve framework, signaling the nation’s ambition to deepen its crypto integration.

What’s the Scoop?

  • Strategic Crypto Allocation: Governor Timur Suleimenov revealed the bank is considering adding crypto to “aggressive sub-portfolios” alongside traditional FX and gold reserves.
  • Reserve Sources Defined: The planned crypto reserve would be funded through seized digital assets and coins mined by state-supported firms.
  • Institutional Oversight: Kazakhstan intends to manage this new reserve via a dedicated subsidiary, ensuring centralized custody, transparent accounting, and risk controls.
  • Tightening Regulations: Alongside reserve creation, authorities are restricting crypto trading to licensed exchanges within the Astana International Financial Centre, and imposing penalties on unregulated activity.

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