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MetaEraHK Avatar MetaEra @MetaEraHK on x 49.3K followers Created: 2025-07-28 21:01:18 UTC

Kazakhstan Proposes State Crypto Reserve Inspired by Sovereign Wealth Fund Models

The National Bank of Kazakhstan and members of parliament have jointly proposed the creation of a national cryptocurrency reserve, aiming to incorporate seized digital assets and crypto mining revenues into the country’s sovereign reserves. The initiative draws inspiration from Norway’s oil fund and U.S. sovereign wealth models, with the goal of enhancing Kazakhstan’s fiscal resilience through digital assets.

This move signals the country’s accelerating digital finance strategy and its intent to position crypto as a sovereign financial instrument.

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Related Topics crypto mining cryptocurrency bank of kazakhstan

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