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Kazakhstan plans to create a crypto reserve fund worth up to $1 billion by early 2026, funded by seized, repatriated, and mining-related assets, Bloomberg reported. The fund will invest in ETFs and crypto-focused companies, avoiding direct bitcoin holdings. Officials said the initiative aims to “repurpose” confiscated digital assets to strengthen economic sovereignty and formalize Kazakhstan’s … Read more
Kyrgyzstan is fast emerging as a digital finance frontrunner, launching a stablecoin, prepping a CBDC rollout, and accelerating blockchain adoption with support from Binance founder CZ in a sweeping national innovation strategy. Kyrgyzstan Accelerates Blockchain Integration With Binance Support Binance founder Changpeng Zhao (CZ) has provided an update underscoring Central Asia’s growing significance in the … Read more
Kazakhstan is unleashing a full-scale crackdown on illegal crypto activity, seizing millions in digital assets and targeting shadow networks fueling financial crime. Kazakhstan Clamps Down on Unlicensed Crypto Exchanges and Financial Crime Governments are tightening oversight of cryptocurrency markets, with Kazakhstan ramping up enforcement against unlicensed trading platforms linked to financial crimes. Deputy Chairman of … Read more
A Kazakhstan agency announced on Sept. 29 the dismantling of a major crypto exchange involved in laundering over $224 million from drug trafficking and internet fraud. High-Profile Service and Darknet Links Kazakhstan’s Financial Monitoring Agency (FMA) announced on Sept. 29 that it had completely dismantled a major crypto exchange service that laundered over $224 million … Read more
Kazakhstan’s new Alem Crypto Fund is live, and Astana just signaled it intends to treat digital assets like a treasury tool. Kazakhstan’s New Crypto Fund Eyes Long-Term Reserves, Starts With BNB Backed by the Ministry of Artificial Intelligence (AI) and Digital Development and managed by Qazaqstan Venture Group, the vehicle is registered inside the Astana … Read more
In his Address titled “Kazakhstan in the Age of Artificial Intelligence,” delivered to the nation, President Kassym‑Jomart Tokayev unveiled a rapid digitalization and crypto‑asset agenda aimed at turning Kazakhstan into a fully digital country within three years. Tokayev called for swift passage of a Digital Code to regulate artificial intelligence (AI), platform economics, and big … Read more
Kazakhstan-based Fonte Capital has announced the listing of the Fonte Bitcoin Exchange Traded Fund OEIC Plc on the Official List of the Astana International Exchange (AIX), under the ticker BETF, quoted in U.S. dollars. The launch will be celebrated during the official Ring the Bell ceremony at AIX. The BETF aims to accurately reflect bitcoin’s … Read more
Authorities in Kazakhstan have uncovered a scheme involving electricity companies illegally supplying power to cryptocurrency miners. Violations of Digital Mining Laws Authorities in Kazakhstan recently busted electricity companies accused of illegally supplying power to cryptocurrency miners. According to a statement, the Department of Financial Monitoring (DFM) for the East Kazakhstan region, along with the National … Read more
Timur Suleimenov, chairman of the National Bank of Kazakhstan, noted that the institution was considering the creation of such a reserve based on international practices, starting with expropriated cryptocurrency and mined assets from companies with state participation. Kazakhstan Will Have a Cryptocurrency Reserve, According to the National Bank Another country has decided to set up … Read more
The Solana Foundation has achieved a milestone by signing a Memorandum of Understanding with the Government of Kazakhstan, marking the first partnership of its kind in Central Asia. The initiative aims to establish a blockchain hub in the country, leveraging Web3 technologies and attracting top talent. Solana Foundation Signs MOU With Kazakhstan, Launches Economic Zone … Read more
