The National Bank of Kazakhstan (NBK) plans to allocate up to $300 million toward digital assets by 2025, a move designed to support the country’s emerging digital economy. Instead of investing directly in volatile cryptocurrencies, the central bank will prioritize exchange-traded funds (ETFs) and stocks of companies involved in blockchain technology and digital currency infrastructure. This initiative aligns with Kazakhstan’s goal of strengthening its position as a leader in digital finance within emerging economies. The NBK will utilize confiscated cryptocurrency assets seized from criminal operations to fund this new reserve, ensuring transparency and institutional oversight. Furthermore, the National Bank has implemented regulatory measures for crypto firms, establishing controlled pilot zones for digital-asset payment systems and rolling out their own central bank digital currency, the digital Tenge. By combining investment with innovation and stricter regulation, Kazakhstan seeks to maintain financial stability while expanding its influence within the burgeoning digital asset sector.