🏦 1. Kazakhstan’s National Bank Proposes a State Crypto Reserve

Date: June 30, 2025 — Kursiv (Kazakhstan media)

Kazakhstan’s central bank supports creating a national crypto-asset reserve, which could be structured within a state-run subsidiary.

Possible funding sources include confiscated assets and tokens mined by government-owned crypto operations.

New laws are being drafted to provide the reserve with a legal footing and put strict limits on unlicensed trading platforms.

This signals that sovereign countries are increasingly viewing crypto as a strategic asset, which may inspire confidence among institutional investors and bolster global adoption of state-backed digital reserves.