{"id":90780,"date":"2025-11-07T18:00:00","date_gmt":"2025-11-07T15:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90780"},"modified":"2025-11-07T18:00:17","modified_gmt":"2025-11-07T15:00:17","slug":"kazakhstan-to-establish-bitcoin-reserve-worth-up-to-1-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kazakhstan-to-establish-bitcoin-reserve-worth-up-to-1-billion\/","title":{"rendered":"Kazakhstan to Establish Bitcoin Reserve Worth Up to $1 Billion"},"content":{"rendered":"

Kazakhstan is set to establish a state cryptocurrency reserve valued between $500 million and $1 billion, according to Timur Suleimenov, head of the country’s National Bank, as reported by Bloomberg Law<\/a>. <\/p>\n

The fund will be launched in 2026 and will operate through the AIFC<\/span>, the nation’s primary hub for blockchain technology development. It will be primarily composed of digital assets seized in criminal cases related to illegal mining and trading. <\/p>\n

Suleimenov first announced<\/a> the formation of the crypto reserve using confiscated bitcoins in June. In September, President Kassym-Jomart Tokayev instructed<\/a> to expedite the implementation of this initiative. <\/p>\n

Unlike direct investments in cryptocurrencies, the new structure will invest in exchange-traded products<\/a> and shares of companies associated with digital assets. <\/p>\n

The fund will be managed by a state investment platform, with the possibility of involving foreign partners after its launch. <\/p>\n

The reserve will be part of Kazakhstan’s strategy to institutionalize the crypto industry. <\/p>\n

In May, the National Bank developed<\/a> legislative amendments that establish the legal status of crypto exchange platforms and introduce licensing for their activities. In June, the regulator approved<\/a> the issuance of payment cryptocurrency cards linked to wallets on AIFC-licensed exchanges.<\/p>\n

In September, the Astana Financial Services Authority permitted<\/a> the payment of regulatory fees in stablecoins<\/a>. That same month, the National Bank announced<\/a> the launch of a pilot project for a “stablecoin” pegged to the national currency, the tenge. <\/p>\n

Earlier in October, Binance founder Changpeng Zhao met<\/a> with the President of Kazakhstan and announced the KZTx token. <\/p>\n","protected":false},"excerpt":{"rendered":"

Kazakhstan is set to establish a state cryptocurrency reserve valued between $500 million and $1 billion, according to Timur Suleimenov, head of the country’s National Bank.<\/p>\n","protected":false},"author":1,"featured_media":90781,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Kazakhstan to create a state cryptocurrency reserve worth up to $1 billion.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1641,153,36],"class_list":["post-90780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-reserves","tag-kazakhstan","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"246","promo_type":"1","layout_type":"1","short_excerpt":"Kazakhstan to create a state cryptocurrency reserve worth up to $1 billion.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90780","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=90780"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90780\/revisions"}],"predecessor-version":[{"id":90782,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90780\/revisions\/90782"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90781"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90780"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90780"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90780"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}