Kazakhstan bets big on state-backed crypto reserve to boost digital economy

Kazakhstan is moving to establish a state-backed crypto reserve as part of its wider plan to embed digital assets into the national economy. President Kassym-Jomart Tokayev gave the directive this ...

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Kazakhstan bets big on state-backed crypto reserve to boost digital economy

Source: CryptoSlate

Kazakhstan is moving to establish a state-backed crypto reserve as part of its wider plan to embed digital assets into the national economy. President Kassym-Jomart Tokayev gave the directive this week, saying the initiative reflects the country’s need to adapt its financial system to new technological realities. According to Tokayev, the proposed State Fund for […]