Kazakhstan president orders national crypto reserve
Kazakhstan needs to focus on cryptocurrencies and create a strategic reserve with the most promising among them, its president demanded as he instructed relevant institutions to work in that direction.
Kassym-Jomart Tokayev also urged speeding up the development of a comprehensive ecosystem for digital assets in the Central Asian country and investing millions of U.S. dollars in high-tech industries.
Tokayev presses for crypto reserve and ecosystem
In an address to the nation, Kazakhstan’s leader put a particular emphasis on the need to accelerate the formation of “a full-fledged digital assets ecosystem” and the establishment of a national crypto reserve.
Quoted by his press service on Monday, Tokayev insisted:
“A State…
