Kazakhstan to Create $500 Million-$1 Billion Cryptocurrency Reserve

Kazakhstan is taking a bold step towards incorporating cryptocurrencies into its national economy by establishing a state cryptocurrency reserve, projected to be worth between US$500 million and US$1 billion by 2026. This ambitious initiative follows a growing trend among nations exploring how digital assets can shape their financial systems. Kazakhstan plans to leverage seized criminal funds and revenue from state-run mining operations for this reserve, with the ultimate goal of boosting its economic sovereignty.