The post Kazakhstan’s crypto plans will soon take the lead of Norway, United States – Details appeared on BitcoinEthereumNews.com.

Key Takeaways Kazakhstan is shifting its stance on crypto by exploring investments in digital assets through its sovereign wealth fund and national reserves.  As the global narrative around crypto shifts, countries that once maintained a cautious or even hostile stance are beginning to reassess their positions, and Kazakhstan appears to be one of them. Once known primarily for its tough regulations on crypto mining due to energy and tax concerns, the country is now signaling a more strategic embrace of digital assets. Kazakhstan’s sovereign wealth fund In a notable development, Kazakhstan’s sovereign wealth fund is reportedly considering cryptocurrencies as a potential asset class for its national reserves. The country is taking cues from nations like Norway, the U.S., and Middle Eastern economies, who have diversified their holdings. Kazakhstan is reportedly planning crypto integration by allocating part of its gold and foreign exchange reserves, as well as assets from its sovereign wealth fund, into cryptocurrency-linked investments. This reserve would hold cryptocurrencies confiscated through law enforcement efforts, with dedicated infrastructure set to be developed for its management. All this not only reflects internal policy evolution, but also the growing influence of pro-crypto momentum led by U.S. leadership under Trump’s renewed push for digital asset adoption. As isclosed by National Bank Chairman Timur Suleimenov during a recent press conference, the move signals Kazakhstan’s growing interest in positioning itself within the evolving global crypto economy.  Suleimenov said,  “We looked at the experience of the Norwegian fund, the American experience, the experience of the Middle East funds. They have certain investments either in crypto assets directly or in ETFs and shares of companies that are closely related to crypto assets. They are quite small.” Additionally, the government is also exploring mechanisms where crypto mined by state-affiliated enterprises could be partially redirected into this reserve as…

---

Filed under: News - @ July 16, 2025 2:20 am