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Wu Blockchain (@WuBlockchain)
Kazakhstan President Tokayev announced in his annual address that the country will establish a “National Digital Asset Fund” under the National Bank’s Investment Corporation to build a strategic crypto reserve of promising assets. He also instructed the financial regulator to draft a digital asset law by 2026. Tokayev confirmed plans to build “CryptoCity” in Alatau, the region’s first fully digitalized city, enabling daily payments with crypto. https://t.co/oVTlaQiZPS
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Wu Blockchain (@WuBlockchain)
National Bank of Kazakhstan Chairman Timur Suleimenov said the country will set up a state crypto-reserve, which may be managed by a National Bank affiliate. The reserve could be funded by confiscated crypto-assets and crypto mined with state involvement. https://qazinform.com/news/kazakhstan-to-set-up-state-crypto-reserve-f4a967
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