Kazakhstan's president proposes establishing a national digital asset fund to accumulate strategic cryptocurrency reserves

Kazakh President Kassym-Jomart Tokayev emphasized the importance of attracting capital to the high-tech sector and instructed the government and the National Bank to develop an investment program worth up to $1 billion to promote technological development. Furthermore, he proposed the establishment of a National Digital Asset Fund under the National Bank Investment Company. The fund would accumulate strategic cryptocurrency reserves and incorporate promising digital assets into the evolving financial landscape.