Kazakhstan to Launch State-Backed Crypto Reserve Using Seized Assets

Kazakhstan plans to establish a state crypto reserve, potentially managed by a National Bank affiliate, according to Chairman Timur Suleimenov. The reserve would be funded through confiscated crypto-assets and digital currencies mined with government participation. This initiative marks a strategic step toward integrating crypto into the country’s financial framework. By creating a centrally managed reserve, Kazakhstan aims to enhance control over digital assets while leveraging them as a new form of national financial security.