Kazakhstan’s President Proposes Strategic Crypto Reserve, Fully Digitalised Alatau City Project

Sep 10, 2025 - 05:00
Kazakhstan’s President Proposes Strategic Crypto Reserve, Fully Digitalised Alatau City Project
Kazakhstan’s President Kassym-Jomart Tokayev has announced plans to establish a state-backed crypto reserve and build a digital “CryptoCity” in Alatau by 2026. The move will be supported by a new digital asset law, aiming to regulate blockchain, fintech, and cryptocurrency use. Experts say Kazakhstan’s strategy could influence other emerging markets, with the country seeking to balance financial innovation with stability after its earlier experience as a global Bitcoin mining hub.