Kazakhstan Sets Hard 2026 Deadline for National Crypto Reserve
- Kazakhstan’s President Kassym-Jomart Tokayev laid out a plan to create a State Digital Asset Fund (essentially a national crypto reserve) managed by the National Bank’s Investment Corporation
- He also instructed the Agency for Regulation and Development of the Financial Market to draft a comprehensive digital asset law, to be enacted by 2026
- It was stated that Alatau would become the first fully digitalized city in the region, and would use cryptocurrency payments
In his annual State of the Nation address, Kazakhstan’s President Kassym-Jomart Tokayev laid out a vision to create a State Digital Asset Fund (essentially a national crypto reserve) managed by the National Bank’s Investment Corporation. This fund would accumulate a strategic reserve of “promising” cryptocurrencies and tokenized assets.
Tokayev also gave regulators a hard deadline of 2026 to deliver a full digital asset law, a move meant to anchor fintech and token-based markets inside a proper legal framework.
Alatau Labeled as First “CryptoCity”
On another note, in May, a big plan to create a “CryptoCity” in Alatau was set in motion. During Tokayev’s speech, he confirmed thi…
The post Kazakhstan Sets Hard 2026 Deadline for National Crypto Reserve appeared first on Coin Edition.
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Kazakhstan Sets Hard 2026 Deadline for National Crypto Reserve
- Kazakhstan’s President Kassym-Jomart Tokayev laid out a plan to create a State Digital Asset Fund (essentially a national crypto reserve) managed by the National Bank’s Investment Corporation
- He also instructed the Agency for Regulation and Development of the Financial Market to draft a comprehensive digital asset law, to be enacted by 2026
- It was stated that Alatau would become the first fully digitalized city in the region, and would use cryptocurrency payments
In his annual State of the Nation address, Kazakhstan’s President Kassym-Jomart Tokayev laid out a vision to create a State Digital Asset Fund (essentially a national crypto reserve) managed by the National Bank’s Investment Corporation. This fund would accumulate a strategic reserve of “promising” cryptocurrencies and tokenized assets.
Tokayev also gave regulators a hard deadline of 2026 to deliver a full digital asset law, a move meant to anchor fintech and token-based markets inside a proper legal framework.
Alatau Labeled as First “CryptoCity”
On another note, in May, a big plan to create a “CryptoCity” in Alatau was set in motion. During Tokayev’s speech, he confirmed thi…
The post Kazakhstan Sets Hard 2026 Deadline for National Crypto Reserve appeared first on Coin Edition.
Read More
Bitcoin, Crypto Market Rise as Court Halts Trump’s Bid to Oust Fed Gov Lisa Cook