Kazakhstan’s central bank is moving to create a national Bitcoin and crypto reserve, signaling a major policy shift as the country embraces digital assets more formally.

National Bank Chair Timur Suleimenov confirmed that a dedicated alternative investment arm is being set up to manage the reserve, which will include a framework for the acquisition, custody, and use of Bitcoin and crypto assets.

With both governments and corporations ramping up their Bitcoin holdings, highlighted by Strategy’s 597,325 Bitcoin, and Ukraine’s new Bitcoin legislation, Kazakhstan is joining a fast-growing list of nations positioning Bitcoin as a strategic asset.

As one of the top global Bitcoin mining countries, Kazakhstan aims to diversify its sovereign reserves and reduce reliance on fiat currencies. 

The proposed reserve may draw from Bitcoin confiscations and coins mined by state-linked entities.

Lawmakers and central bank officials are collaborating to define the legal and operational structure for the reserve, as part of a wider national effort to regulate the Bitcoin and digital asset economy.

This follows similar strategic moves by countries like the U.S. and Pakistan, underlining a global shift toward recognizing Bitcoin as a core part of national financial infrastructure.

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