#Kazakhstan Plans National #Crypto Reserve From Seized Assets
Kazakhstan will establish a state cryptocurrency reserve managed by a National Bank affiliate.
Central bank governor Timur Suleimenov says the reserve will use seized criminal assets and state-mined coins.
The country controls 13% of global
$BTC hashrate and imposed strict licensing after seizing $200 million in illegal rigs.
Officials are drafting rules following sovereign-wealth best practices with transparent auditing and secure storage.
The move aligns with global trends as the U.S. considers a Strategic
$BTC Reserve.
Arizona, Ohio and Texas have already passed bills to hold
$BTC in state treasuries.
No launch date or target size has been announced for Kazakhstan's #cryptocurrency reserve.
