Kazakhstan plans to establish a national cryptocurrency reserve fund valued between 500 million and 1 billion dollars by early 2026. The fund will invest in exchange-traded funds and companies tied to blockchain instead of holding digital coins directly. It will…
Kazakhstan’s Central Bank In Push For a Phased CBDC Rollout between 2023-25
Kazakhstan, the world’s third-largest Bitcoin mining hub after the United States and China, is launching its own Central Bank Digital Currency (CBDC) the digital tenge. The National Bank of Kazakhstan revealed this after the second phase of testing was finished.…