Crypto reserve in the works, says Kazakhstan’s central bank chief; Kazakhstan eyes more connection with Korean capital markets, AIFC governor
Bitcoinist.com: Crypto reserve in the works, says Kazakhstan’s central bank chief
According to Bitcoinist.com, Kazakhstan’s National Bank (NBK) is drafting a concept for the country’s first sovereign crypto-asset reserve, aiming to move beyond fragmented oversight toward institutional digital-asset management. NBK Chairman Timur Suleimenov confirmed that “work is underway on the development of its formation and management concept,” with one option being to house the reserve in a subsidiary already managing alternative assets.
The reserve is positioned as a stability tool, not a speculative play. Suleimenov noted that “sources for such a reserve may include confiscated crypto-assets, as well as…
