{"id":25027,"date":"2025-06-30T15:33:51","date_gmt":"2025-06-30T12:33:51","guid":{"rendered":"https:\/\/forklog.com\/en\/kazakhstan-endorses-reserve-of-seized-bitcoins\/"},"modified":"2025-06-30T15:33:51","modified_gmt":"2025-06-30T12:33:51","slug":"kazakhstan-endorses-reserve-of-seized-bitcoins","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kazakhstan-endorses-reserve-of-seized-bitcoins\/","title":{"rendered":"Kazakhstan Endorses Reserve of Seized Bitcoins"},"content":{"rendered":"

Kazakhstan’s National Bank will establish a state cryptocurrency reserve. This was announced<\/a> by the regulator’s chairman, Timur Suleimenov, in response to a parliamentary inquiry.<\/p>\n

The initiative’s concept is currently being developed with consideration of international practices, and the possibility of transferring management functions to a subsidiary involved in alternative investments is being explored.<\/p>\n

According to Suleimenov, placing the reserve under the control of a centralized institution will ensure proper oversight and risk management.<\/p>\n

\n

“Sources for such a reserve could include confiscated crypto assets and cryptocurrencies mined by state-participated miners,” the document states.<\/p>\n<\/blockquote>\n

The creation of a state crypto reserve will require amendments to legislation, as well as consultations with law enforcement and other interested bodies.<\/p>\n

The National Bank has urged deputies to join the discussion on the matter.<\/p>\n

In March, Binance Kazakhstan’s general manager Nurkhat Kushimov stated<\/a> in an interview with ForkLog that the country has “a very solid foundation” for creating a bitcoin reserve due to its advanced crypto regulation.<\/p>\n

Earlier in June, Kazakhstan’s National Bank approved<\/a> the issuance of payment cryptocurrency cards linked to wallets on exchanges licensed by the AIFC<\/span>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Kazakhstan’s National Bank will establish a state cryptocurrency reserve. This was announced by the regulator’s chairman, Timur Suleimenov, in response to a parliamentary inquiry. The initiative’s concept is currently being developed with consideration of international practices, and the possibility of transferring management functions to a subsidiary involved in alternative investments is being explored. According to […]<\/p>\n","protected":false},"author":1,"featured_media":25026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1641,809,153],"class_list":["post-25027","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-reserves","tag-central-banks","tag-kazakhstan"],"aioseo_notices":[],"amp_enabled":true,"views":"67","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25027","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=25027"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/25027\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/25026"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=25027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=25027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=25027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}