$1B Crypto Reserve + CryptoCity: Kazakhstan’s Bold 2025 Plan
Kazakhstan is speeding up its entry into digital finance, with President Kassym-Jomart Tokayev announcing plans for a State Fund...
Quick overview
- Kazakhstan is advancing its digital finance strategy with a proposed State Fund of Digital Assets, aiming for a national crypto reserve exceeding $1 billion.
- President Tokayev highlighted the importance of establishing a comprehensive digital asset ecosystem to regulate the gray market and integrate blockchain technologies within three years.
- New legislation will be drafted to legalize digital asset circulation and promote AI and big data in financial systems by the end of 2025.
- Kazakhstan's ambitious projects, including the Alatau 'CryptoCity' and the digital tenge, reflect its commitment to becoming a leader in digital finance in Central Asia.
Kazakhstan is speeding up its entry into digital finance, with President Kassym-Jomart Tokayev announcing plans for a State Fund of Digital Assets, a national crypto reserve expected to be worth over $1 billion. This is a major shift in the country’s financial policy, in line with broader digitalization, AI and modernization of the state.
Tokayev emphasized the need to create a full-fledged digital asset ecosystem to curb unregulated activity in the gray market. His government plans to integrate blockchain technologies into the country’s financial system within three years.
The proposed reserve, managed by the National Bank’s Investment Corporation, will include:
- Confiscated cryptocurrencies from illegal use
- Coins mined through state-backed operations
- Contributions from taxation and mandatory levies
Kazakhstan to Launch Digital Asset Reserve 💰🌐
Kazakh President Tokayev announced plans to create a State Digital Asset Fund, managed by the National Bank’s Investment Corporation. 📊The fund will build a $1B crypto reserve, adding promising digital assets to the financial… pic.twitter.com/hRp3s8MYLP
— Eggbit.com (@Eggbit_com) September 9, 2025
By going beyond gold and foreign reserves, Kazakhstan wants to become a digital finance leader in Central Asia.
New Laws for Digital Economy
To support this transformation, Tokayev has tasked the Agency for Regulation and Development of the Financial Market with drafting a Digital Code and a new Law on Banks by the end of 2025. These laws will cover:
- Legalization and regulation of digital asset circulation
- AI adoption across industries
- Big data integration in financial systems
- Expanded use of blockchain technologies
Tokayev warned that hesitation in digital finance reforms could bring serious economic risks, given the global adoption of cryptocurrencies and central bank digital currencies (CBDCs).
Alatau “CryptoCity” and Digital Tenge
Kazakhstan’s boldest project, **Alatau City—nicknamed CryptoCity—**will be an innovation hub. The city will operate under a special federal law, with plans to:
Massive move by Kazakhstan, $1B is not just investment, it’s positioning. A national crypto reserve signals the shift from adoption to strategic dominance. The question is: who follows next?
— INDISPENSABLE ⚔️ (@Indispensabl01) September 8, 2025
- Enable crypto-based payments for goods and services
- Integrate smart city technologies
- Be a sandbox for blockchain startups
At the same time, Kazakhstan’s digital tenge (CBDC) is already used to finance public projects. Tokayev proposed to expand its use in national and local budgets, to confirm the state’s commitment to digitalization.
Other countries like Brazil, Ukraine and Indonesia are also exploring similar reserves. Kazakhstan’s move shows it wants to stay in the game as blockchain, AI and digital assets reshape the global finance.
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