đ„đ Kazakhstan is entering the crypto history books! đđ„
President Kassym-Jomart Tokayev has officially ordered the creation of a state crypto reserve! đ°
The country will launch a Digital Assets Fund under the National Bank to accumulate a strategic crypto stockpile.
âĄïž Even confiscated Bitcoin will be added, bringing these assets under strict state control â a bold move towards building a powerful crypto economy in the region.
đą Binance Kazakhstanâs GM previously stated: âThe republic has a strong foundation for a Bitcoin reserve.â Now itâs becoming reality!
đĄ But thatâs not all: Kazakhstan is also expanding the use of its CBDC â the digital tenge. Over 257.5B digital tenge are already in circulation, with a full-scale launch of the CBDC platform set for December.
đ Real results are here: VAT refunds that used to take 75 days are now processed in just 5 days thanks to the digital tenge.
đ„ 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?
