🔥🚀 Kazakhstan is entering the crypto history books! 🚀🔥
President Kassym-Jomart Tokayev has officially ordered the creation of a state crypto reserve! 💰
The country will launch a Digital Assets Fund under the National Bank to accumulate a strategic crypto stockpile.
⚡️ Even confiscated Bitcoin will be added, bringing these assets under strict state control — a bold move towards building a powerful crypto economy in the region.
🟢 Binance Kazakhstan’s GM previously stated: “The republic has a strong foundation for a Bitcoin reserve.” Now it’s becoming reality!
💡 But that’s not all: Kazakhstan is also expanding the use of its CBDC — the digital tenge. Over 257.5B digital tenge are already in circulation, with a full-scale launch of the CBDC platform set for December.
📉 Real results are here: VAT refunds that used to take 75 days are now processed in just 5 days thanks to the digital tenge.
🔥 Kazakhstan is moving fast to become a regional crypto leader. The real question is: who will be the next country to launch a state Bitcoin reserve?