The idea of a state-run crypto reserve has sparked interest among industry stakeholders
During a plenary session of the Mazhilis (lower house of Parliament), Deputy Olzhas KUSPEKOV proposed the establishment of a state cryptocurrency reserve under the National Bank of Kazakhstan. According to the lawmaker, such a measure could address regulatory gaps in the digital asset space and strengthen the financial system’s stability and the security of citizens, DKnews.kz reports.
Читайте также
In his parliamentary inquiry, Kuspekov pointed out that oversight activities had revealed systemic risks and deficiencies in the regulation of digital assets that pose a threat to the integrity of the national financial system, public security, and the credibility of state institutions.
“First, the issue of storing crypto assets confiscated during criminal investigations remains unresolved. The lack of a proper legal and technical mechanism creates the risk of loss, theft, or laundering of such assets via third parties. Second, experts have observed a growing trend of young people engaging in the grey…
